Russia introduces national registry for cryptocurrency mining hardware to formalize and regulate the industry.
The registry aims to monitor energy usage tied to mining operations and is a joint effort by the Ministry of Energy, Federal Tax Service, and Ministry of Digital Development.
Government tightens oversight through energy-based tracking and taxation to manage regional energy stability and taxation of mining revenues.
Russian officials also implement bans on crypto mining in energy-strained regions, seize assets, and propose fines for violating mining rules as part of broader regulatory integration.