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Draft Law on Fines for Illegal Mining Passes First Reading: What Businesses Face

Legal Digest
Designed by Pvproductions
The State Duma has passed in the first reading a draft law introducing administrative liability for violations in cryptocurrency mining. The penalties will affect both "gray" miners and legal companies that fail to comply with new notification requirements.

Fines for Mining in Restricted Regions

If you mine cryptocurrency in regions where it is prohibited (for example, parts of the Irkutsk Region, Buryatia, and Trans-Baikal Territory), you will face:

  • Citizens — from 100,000 to 150,000 rubles, plus confiscation of equipment.
  • Officials — from 300,000 to 800,000 rubles, or disqualification for 1–2 years.
  • Individual Entrepreneurs — from 300,000 to 800,000 rubles, or suspension of operations for up to 90 days, plus confiscation of equipment.
  • Legal Entities — from 1 to 2 million rubles, or suspension of operations for up to 90 days, with equipment also confiscated.
According to Russian Grids (Rosseti), illegal miners caused 4.7 billion rubles in damage to power grids in 2025.

Fines for Notification Violations

Even if your mining is legal, failing to notify the tax authorities about cryptocurrency received or failing to provide your wallet address will result in penalties:

  • Officials — fine from 200,000 to 300,000 rubles, or disqualification for 1–2 years.
  • Individual Entrepreneurs — from 300,000 to 400,000 rubles, or suspension of operations for up to 90 days.
  • Legal Entities — from 400,000 to 500,000 rubles, or suspension of operations for up to 90 days.

Other Points to Note

The draft law also introduces liability for data centers that provide services to miners not registered in the Federal Tax Service registry.

The statute of limitations for these new offenses will be one year.

What Businesses Should Do

  1. Check whether your equipment is located in a region where mining is banned.
  2. Ensure that notifications to the Federal Tax Service are submitted correctly and on time.
  3. Data centers should verify whether client miners are included in the official registry.
  4. Monitor further amendments to the draft law — penalties may become stricter in the second reading.

How Acsour Can Help

Acsour experts are ready to:

advise on the new regulations;
audit your mining activities for tax and legal risks;
assist with legalization and registration in the Federal Tax Service registry.

Contact us — we will help you navigate the new requirements and avoid fines.