Russian State Duma deputies recently submitted a draft bill aimed at cracking down on illegal cryptocurrency mining. This new proposal clearly delineates the illegal costs for different entities: individuals involved in illegal mining face fines of 100,000 to 150,000 rubles, public officials are penalized even more heavily, with fines ranging from 300,000 to 800,000 rubles, and illegal mining involving legal entities is penalized most severely, with fines reaching 1 million to 2 million rubles. Notably, if repeated violations are detected, the fines will be further increased. Earlier, the Russian Ministry of Justice stated that illegal mining could be fined up to 1.5 million rubles. These measures reflect Russia's gradually escalating regulatory stance on cryptocurrency mining activities, aiming to regulate market order through legal means.

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GamefiHarvestervip
· 17h ago
Russia is really starting to crack down on mining now, and the fines are quite harsh.
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TokenToastervip
· 17h ago
Russia is really starting to crack down. The fines for individual mining... are quite harsh.
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GateUser-40edb63bvip
· 17h ago
Russia is really getting desperate now; 2 million rubles is still acceptable, right?
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LostBetweenChainsvip
· 17h ago
Russia is really going all out... Over 1 million rubles, it feels like how long would it take to mine there to break even?
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VirtualRichDreamvip
· 17h ago
Oh wow, Russia's methods are quite tough, even the fines are so harsh...
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DataOnlookervip
· 17h ago
Russia is trying to push all mining players out... With such harsh fines, who would dare to get involved?
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MetaverseLandladyvip
· 17h ago
Russia is really trying to choke off miners; the fines are really harsh.
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