Russian Ministry of Digital Development has drafted legislation that would allow courts to seize digital assets and impose fines of up to 2 million rubles (around $22,000 USD) on companies that violate crypto mining regulations

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The Ministry of Digital Development also drafted legislation that would allow courts to seize digital assets and impose substantial fines on those violating mining regulations. Proposed fines could apply a maximum of 2 million rubles (around $22,000 USD) for mining companies, according to Forbes Russia.