Russia's justice ministry is targeting unregistered crypto miners with new criminal penalties, according to reports. The proposed measures include fines and potential prison sentences for those engaged in illegal crypto mining activities. Russian officials have stated that a significant portion of miners have not yet registered with the tax authorities. The development indicates a move by the Russian government to increase regulation and oversight within the cryptocurrency mining sector.

Russia's justice ministry is targeting unregistered crypto miners with new criminal penalties, according to reports. The proposed measures include fines and potential prison sentences for those engaged in illegal crypto mining activities. Russian officials have stated that a significant portion of miners have not yet registered with the tax authorities. The development indicates a move by the Russian government to increase regulation and oversight within the cryptocurrency mining sector.