Russia’s Ministry of Energy launches crypto mining registration book


Russia’s Ministry of Energy has launched the National Crypto-Mine Rig Registry to phase out miners who have evaded illegal setups to pay taxes and steal electricity from grids.

State-owned newspaper Ria Novosti explain In a report on Friday, the Russian Ministry of Energy, the Federal Tax Service and the Russian Ministry of Digital Development have “compiled the register” and sent it to “areas where miners’ activities are increased.”

In June, Russian Finance Ministry official Ivan Chebeskov said, despite Introducing crypto mining lawsSince the second half of 2024, only 30% of miners have entered the federal tax register. He also said the department is Take measures to make the remaining 70% Enter the legal fold.

Russia wants taxation and regulate cryptomines

Deputy Energy Minister Petr Konyushenko said in an interview with Google Translate to English that the National Registration Center is “a step to legalizing the industry and reducing illegal consumption.”

“The creation of such a registry will allow the use of electricity to accurately determine the consumer meets mining needs. This is essential for special regulations and taxation on them.”

Ria Novosti said Russia’s Ministry of Energy first marked the plan to formulate a national registry for crypto mining rigs and other relevant hardware in February to help ban the ban on its mining.

Cryptomatic mining is prohibited in some Russian regions

Russian government begins to enforce cryptocurrencies November mining-related billsintroduces legal definitions and registration requirements for mining operations.