Atlas21
  • ‎
No Result
View All Result
Atlas21
No Result
View All Result
Atlas21
Home Bitcoin

Russia: prison sentences proposed for illegal Bitcoin mining

Newsroom by Newsroom
January 5, 2026
in Bitcoin
mining
Share on FacebookShare on TwitterShare on Linkedin

Up to five years in prison for unregistered operations: Moscow tightens control over unauthorized mining.

According to Interfax, the Russian Ministry of Justice has submitted a draft law introducing criminal penalties for those engaged in Bitcoin mining without official registration. The proposed sanctions include fines of up to 2.5 million rubles (approximately $31,000) and imprisonment of up to five years for large-scale operations.

Since November 1, 2024, Russia has officially legalized the digital asset mining industry, introducing a mandatory registration system with the Federal Tax Service. Despite this step toward regulation, the country still faces thousands of operators working in the shadows.

The proposed amendments to the Russian Criminal Code would introduce Article 171.6, establishing graduated penalties based on the severity of violations. Individual operators causing significant damage or generating income above 3.5 million rubles could face fines of up to 1.5 million rubles, up to 480 hours of forced labor, or two years of imprisonment.

Penalties are harsher for organized groups or operations exceeding 13.5 million rubles in revenue. In such cases, responsible parties could face fines ranging from 500,000 to 2.5 million rubles, up to five years of forced labor, or five years of imprisonment, with additional fines up to 400,000 rubles.

Deputy Prime Minister Alexander Novak confirmed that the government intends to introduce criminal liability for illegal mining and unauthorized providers by 2026.

The legal registration system

Currently, legal entities and entrepreneurs must register with the Federal Tax Service and report their earnings monthly through dedicated online portals. As of May 2025, over 1,000 participants were registered in the official records.

The tax system sets a 25% rate for corporate miners, while individuals are subject to progressive taxation from 13% to 22%. However, there is an exemption for home miners consuming less than 6,000 kWh per month, who are not required to register.

According to Rosseti North Caucasus, in the first half of 2025, illegal miners in Ingushetia stole 35.4 million kWh of electricity, worth over $4.3 million, representing 94% of all unaccounted-for consumption in the republic.

Previous Post

Uganda: Bitchat pushed by the opposition against election censorship

Next Post

Bitcoin Core development: record growth in 2025 after years of contraction

Latest News

Detailed view of a stock report displaying a market performance graph with data trends.
Bitcoin

BlackRock IBIT: $528 million outflow, second all-time record

by Newsroom
May 28, 2026
0

BlackRock's Bitcoin ETF recorded its second largest daily outflow in history on Wednesday, driven by tensions in the Middle East.

Read moreDetails
Hands of a handcuffed man examining criminal evidence with an officer.
Bitcoin

USA: FBI seizes 303 gold bars from CIA official in $40 million case

by Newsroom
May 28, 2026
0

David Rush, a senior CIA official with top-secret clearance, was arrested on May 19, 2026, after more than $40 million...

Read moreDetails
ETF Bitcoin: $1,32 miliardi di deflussi, la peggior settimana del 2026
Bitcoin

Bitcoin ETFs: $1.32 billion in outflows, worst week of 2026

by Newsroom
May 27, 2026
0

Digital asset investment products record a second consecutive week of redemptions, as the US bond market stifles hopes of rate...

Read moreDetails
Bitcoin: 107 BTC da $8,2 milioni bruciati da cinque indirizzi anonimi
Bitcoin

Bitcoin: 107 BTC worth $8.2 million burned by five anonymous addresses

by Newsroom
May 27, 2026
0

Five addresses created in 2014 simultaneously transferred 107 Bitcoin to a burn address, permanently destroying the funds.

Read moreDetails
Indonesia blocca Polymarket: “È gioco d’azzardo online mascherato”
Bitcoin

Indonesia blocks Polymarket: “It’s disguised online gambling”

by Newsroom
May 26, 2026
0

Indonesia's Ministry of Communications has blocked access to the crypto-based prediction market platform, classifying it as illegal gambling.

Read moreDetails
Atlas21

© 2026 Atlas21

Navigate Site

  • Editorial Policy
  • Cookie Policy
  • Privacy Policy
  • Team

Follow Us

No Result
View All Result
  • Bitcoin 101
    • What Is Bitcoin? A Complete Guide
    • Bitcoin Security: A Complete Guide
    • Bitcoin Privacy: A Complete Guide
    • Lightning Network: A Complete Guide
    • Bitcoin Mining: A Complete Guide
    • Advanced Bitcoin: A Technical Guide
  • Learn
  • Latest News
  • Interviews
  • Opinion
  • Feature
  • B2B Services
  • About Us
  • Contacts

© 2026 Atlas21

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site, we will assume that you are happy with it.