- According to a Russian government decree approved by the Ministry of Finance, miners will face increased transparency requirements for their business operations.
- Miners will be required to submit the network addresses (IP addresses) of equipment used in digital asset mining to the Federal Tax Service starting May 30.
The Russian government plans to strengthen oversight of the domestic cryptocurrency mining sector. The primary goal is to eliminate the shadow economy by introducing mandatory network tracking for legal miners and criminal penalties for those who violate this requirement. This approach should curb tax evasion and reduce the critical load on the power grid.
Starting May 30, Russian cryptocurrency miners and mining infrastructure operators are required to comply with new transparency requirements. decree According to the government’s order, approved by the Ministry of Finance, they are required to transfer the network Internet addresses (IP) of equipment used in digital asset mining to the Federal Tax Service (FTS).
By tracking infrastructure IP addresses, tax authorities intend to determine the location of mining facilities, which will simplify the detection and prevention of illegal digital currency mining activities.
In 2024, it came into force in Russia law, which permits cryptocurrency mining, and in order to operate within the legal framework, miners must register in special closed registries of the Federal Tax Service.
Data from these registries is not publicly available and may be provided upon request by law enforcement agencies, courts, the Bank of Russia, and energy grid operators. Identification of inaccurate information or violation of anti-money laundering legislation will result in exclusion from the register.
As of February 2026, more than 1,5 companies and entrepreneurs, as well as approximately 4 individuals, were registered with the state. However, the authorities do not consider the registry complete and estimate the annual tax shortfall to the state budget at 8,6 billion rubles ($122 million).
According to the document, offenders could face large financial fines ranging from 500 to 2,5 million rubles, forced labor, or imprisonment for up to five years.
At the same time, it is expanding list Energy-deficit regions, including six republics of the North Caucasus (Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia, and Chechnya). Temporary restrictions are also in effect in the Irkutsk Region, certain areas of Buryatia, and the Zabaykalsky Krai. Similar restrictions may soon apply to the Kursk Region, Moscow, and the Moscow Region.
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