The Russian State Duma proposes a bill to

According to Bits.media, the Committee on State Building and Legislation of the Russian State Duma has recommended passing a bill criminalizing illegal cryptocurrency mining in the first reading. The bill proposes to add Article 171.6 to the Criminal Code, targeting unregistered mining and unauthorized mining services, with penalties including fines, forced labor, imprisonment, and confiscation of cryptocurrency. For income or losses exceeding 3.5 million rubles, the maximum fine would be 1.5 million rubles or two years’ income; for organized groups or income exceeding 13 million rubles, the maximum fine would be 2.5 million rubles or three years’ income, with the possibility of up to five years’ imprisonment and additional fines.