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The State Duma approved a bill imposing fines for illegal mining activities., 2026/04/15 15:23:21
The State Duma has approved in the first reading a bill concerning administrative fines for violations of cryptocurrency mining legislation. The amendments, which add a new article 15.50 to Chapter 15 of the Administrative Code, were introduced by the Russian government.
For mining in areas where it is prohibited by federal government decision, individuals are proposed to be fined between 100,000 and 150,000 rubles, with equipment confiscation; officials face fines ranging from 300,000 to 800,000 rubles, while organizations could incur fines from 1 million to 2 million rubles, along with equipment confiscation or a suspension of activities for up to three months.
For mining without registration in the state registry or exceeding energy consumption limits, individuals may face fines of 100,000 to 150,000 rubles, officials from 200,000 to 300,000 rubles, individual entrepreneurs from 300,000 to 400,000 rubles, and companies from 400,000 to 500,000 rubles.
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The same penalties apply to those who provide equipment for illegal mining.
In the explanatory note, the authors of the bill justify the need for penalties by citing annual losses from illegal mining amounting to 19.6 billion rubles. Of this total, 10 billion rubles are attributed to losses incurred by energy companies, while the remainder represents amounts not received in the budget due to tax evasion. Citing data from MTS, the authors of the explanatory note claim that as of the beginning of the year, 197,000 mining farms have been identified in Russia, with their number increasing by 44% over the past year.
At the end of March, another bill was submitted to the State Duma, which proposes criminal penalties for illegal mining if it causes significant damage or yields substantial income for the miner. According to this initiative, particularly egregious offenders could face fines up to 2.5 million rubles, confiscation of property, and imprisonment for up to five years.
