Russia’s Energy Ministry Launches Crypto Mining Register

Russia’s Energy Ministry Launches Crypto Mining Register

Table of Contents

The Ministry of Energy in Russia has launched a national record of depletion of encryption mining to get rid of miners who ignore tax payments and illegal settings that steal power from the network.

The state -run RIA Novosti newspaper He said In a report on Friday that the Russian Ministry of Energy, Federal Tax Service and the Ministry of Digital Development for Russia have “collected a record” and sent it to “areas with an increased mine activity”.

In June, Russian Finance Ministry, Ivan Chipskov, said Providing coding mining lawsOnly 30 % of miners entered the federal tax services record since late 2024. He also said the ministry was Work on measures to bring the remaining 70 % In legal fold.

Russia hopes to impose taxes and regulate encryption mining

The Deputy Energy Minister, Peter Konyuchinko, said in an interview with RIA Novosti, translated into English by Google, that the national registry is a step towards “codifying industry and reducing illegal consumption.”

“The creation of such a record will allow accurate identification of consumers who use electricity to meet mining needs. This is necessary to apply private regulation and taxes on them.”

The Ministry of Energy in Russia has first developed plans to create a national record of encryption mining devices and other relevant devices in February to help implement the mining ban in the areas it is prohibited, according to Ria Novosti.

Some Russian regions prohibit encryption mining

The Russian government began to implement encryption Mining -related bill in NovemberProviding legal definitions and registration requirements for mining companies.