The Russian Ministry of Energy has introduced a national register for Bitcoin -Mijnbouw equipment to enforce tax regulations and to curb unauthorized activities.
According to a report from Ria Novosti, the initiative is the result of a coordinated effort between the Ministry of Energy, the Federal Tax Authorities and the Ministry of Digital Development.
Authorities have started spreading the register to regions with an important mining activity. The core objective is to identify operators that consume electricity for crypto -mining and to subject them to the correct legal and tax representative.
Vice minister of Energie Petr Konyhenko stated that the move is intended to formalize the industry and at the same time limit illegal power consumption. He added that the register will serve as an aid to follow miners who are currently working in the shade.
According to official estimates, only about 30% of the crypto mini workers in Russia have registered their activities. This leaves a significant part – Roughly 70% – the reach of existing regulations, despite the urge of the country to control the sector.
The register follows an announcement from the Ministry of Energy earlier this year. At the time, vice -minister Yevgeny Grabhak said that the new system would improve transparency and improve enforcement in the mining landscape. It is also intended to reduce illegal mining, which has been difficult to suppress, even after Russia implemented a national framework in 2024.
Despite these efforts, challenges remain. The federal government has imposed a six-year ban on crypto-mining in ten regions that struggle with electricity shortages.
However, enforcement gaps remain, which gives rise to further measures such as this register.
Although the Register aims to sharpen the checks, the concern about the recording of portfolio addresses, some experts warn that the safety risks can cause.
The Russian legislator Anton Gorelkin brought his concern that hostile countries can use the register to gain access to portfolio addresses, which may lead to unwanted geopolitical consequences, including sanctions that focus on these addresses.