{"id":160503,"date":"2025-06-20T18:00:58","date_gmt":"2025-06-20T15:00:58","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=160503"},"modified":"2025-06-19T20:08:04","modified_gmt":"2025-06-19T17:08:04","slug":"russia-struggles-to-bring-underground-crypto-miners-into-the-light-despite-new-laws","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/russia-struggles-to-bring-underground-crypto-miners-into-the-light-despite-new-laws\/","title":{"rendered":"Russia Struggles to Bring Underground Crypto Miners Into the Light Despite New Laws"},"content":{"rendered":"<p>Since implementing laws in late 2024 that require mining companies to register with the Federal Tax Service, only about 30% have <strong><a href=\"https:\/\/tass.ru\/ekonomika\/24271043\" target=\"_blank\" rel=\"nofollow\">complied<\/a><\/strong>, according to Finance Ministry official Ivan Chebeskov.<\/p>\n<p>Authorities had hoped the legislation would bring transparency and legal recognition to the industry, but compliance remains low. Chebeskov acknowledged the gap and said the government will continue working to integrate the remaining 70% into the legal framework. Meanwhile, officials are considering tougher penalties, including raising fines for illegal mining from 200,000 rubles to 2 million.<\/p>\n<p>Enforcement efforts have already intensified. Police recently shut down an unlicensed operation in Bataysk and uncovered another mobile setup siphoning power in the Pribaikalsky region.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/blackrocks-buidl-fund-becomes-margin-collateral-on-deribit-and-crypto-com\/\" title=\"BlackRock\u2019s BUIDL Fund Becomes Margin Collateral on Deribit and Crypto.com\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/1002-5d012db4add55-240x170.\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">BlackRock\u2019s BUIDL Fund Becomes Margin Collateral on Deribit and Crypto.com<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Critics argue the law falls short of true legalization and instead serves primarily as a tool for taxation. Analysts have also raised concerns over restrictions on foreign participation and operational limits in certain areas. Still, despite the hurdles, Russia\u2019s mining sector is expanding, driven by low electricity costs and growing interest from foreign firms, particularly from China.<\/p>\n<p>Events like the Moscow Blockchain Forum have seen increased participation from mining service providers, reflecting the sector\u2019s growing infrastructure and investment. Even with legal uncertainties, mining in Russia is evolving into a full-fledged industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Russia\u2019s attempt to formalize its crypto mining sector is falling short, with most miners opting to remain off the books despite new regulations.<\/p>\n","protected":false},"author":3,"featured_media":138394,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[26],"tags":[],"class_list":["post-160503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocrime"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Russia Struggles to Bring Underground Crypto Miners Into the Light Despite New Laws<\/title>\n<meta name=\"description\" content=\"Russia\u2019s attempt 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