Russia rolls out crypto mining equipment registry amid crackdown on illegal miners: report

Description

Russia has launched a national registry for cryptocurrency mining equipment and deployed it to regions with high mining activity, according to state-owned news agency RIA Novosti.

Authors

Danny Park

Publish date

July 7, 2025

Publisher

The Block

Web URL

https://www.theblock.co/post/361264/russia-crypto-mining-registry

Referenced by

Russia targets illegal miners with new registry

Crypto news

News story

The Energy Ministry first proposed the idea of creating such a registry in February, stating that it seeks to make unregistered crypto mining activity impossible.

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Quote

Developed through a joint effort by Russia's Ministry of Energy, the Federal Tax Service, and the Ministry of Digital Development, the registry's primary goal is to identify energy consumption by mining operations accurately. This sets the ground for applying taxes and regulations

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