Russia to impose liability for illegal mining
State Duma deputy Anatoly Aksakov announced this
16.02.2023 - 16:00
333
2 min
0
What’s new? Russia may impose liability for miners who mine cryptocurrency illegally. The corresponding draft law is planned to adopt in the first half of 2023. Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market, told RBC journalists.
What else awaits Russian miners? According to Aksakov, a total of two draft laws will be adopted: on mining and on liability for “gray” mining. This is necessary for more effective implementation of the norms of the adopted documents. That said, the notion of “gray mining” is not currently enshrined in Russian legislation, as the activity itself has not been introduced into the legal framework. Miners may be punished for the lack of payments for the spent energy or for illegal connection to the power grid.
Earlier Aksakov reported that Russian traders will be obliged to register on crypto exchanges with their passports. The system of mandatory identification will be implemented in case of the legalization of crypto exchanges themselves in the Russian Federation. Deputies are discussing the introduction of liability for illegal work in the cryptocurrency market and making transfers in digital assets.
In January, the Energy Commission of the State Council of the Russian Federation proposed a complete ban on mining in residential buildings, as well as in energy-deficient regions. Restrictions could be sent to the State Duma as part of separate draft laws.
Useful material?
Telegram 
Twitter Technologies
It is available to crypto wallet users worldwide as an additional feature
May 15, 2024
Market
The ex-official known for his initiatives to explore the potential of blockchain in the financial system has joined the board of directors of a fintech company
May 14, 2024
Business
Earlier, Brad Garlinghouse claimed apparent harassment of the company by the US authorities
May 14, 2024
Crypto regulations
According to Brad Garlinghouse, the magnitude of the impact of such harassment on the crypto ecosystem is beyond prediction
May 13, 2024
Crypto regulations
The condition is part of the exchange’s agreement with authorities to plead guilty to regulatory violations
May 13, 2024
Market
The USDT issuer responded by saying that the report lacked sufficient data to support such claims
May 10, 2024
Cryptocurrency rates
-
Bitcoin
$66 213
BTC
+7.5%
-
Ethereum
$3 028.52
ETH
+5.06%
-
BNB Smart Chain
$584.59
BSC
+3.23%
-
Ripple
$0.517524
XRP
+3.72%
-
Dogecoin
$0.154991
DOGE
+5.87%
-
Cardano
$0.45477
ADA
+6.13%
-
Polkadot
$6.96
DOT
+6.91%
-
Bitcoin Cash
$460.23
BCH
+7.43%
-
Litecoin
$82.42
LTC
+4.71%
-
Stellar XLM
$0.106391
XLM
+4.4%