The Russian Ministry of Justice has unveiled draft amendments to the Criminal Code that would introduce severe penalties for unregistered cryptocurrency mining. The new rules include fines up to 1.5 million rubles, approximately $15,000 and imprisonment for up to five years in aggravated cases.
The proposals follow announcements by Deputy Prime Minister Alexander Novak in early December 2025, targeting implementation in 2026. They build on earlier administrative fines introduced in 2025 for lesser violations.
Moreover, aggravated cases, such as those involving organized groups or income exceeding 13.5 million rubles, could result in fines of 500,000 to 2.5 million rubles, forced labor up to five years, or imprisonment up to five years.
As the draft undergoes public review, the sector awaits potential passage, signaling Russia’s continued pivot toward a tightly controlled digital asset framework amid geopolitical pressures.
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