Russian lawmakers have introduced a bill in the State Duma proposing fines for illegal cryptocurrency mining. The draft law suggests fines ranging from 100,000 to 150,000 rubles for individuals, 300,000 to 800,000 rubles for public officials, and 1 million to 2 million rubles for legal entities. Repeat offenders would face increased penalties. Previously, the Russian Ministry of Justice proposed fines up to 1.5 million rubles or two years of compulsory labor for illegal mining activities. In cases of significant profit or organized crime involvement, offenders could face up to five years in prison.
Russian Lawmakers Propose Fines for Illegal Crypto Mining
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