Russian lawmakers propose bill to fine illegal crypto mining

Four members of Russia's State Duma have introduced a bill to impose fines for illegal cryptocurrency mining, Wu Blockchain reported. The draft legislation proposes fines for individuals ranging from 100,000 to 150,000 rubles (up to $1,930). Public officials would face penalties of 300,000 to 800,000 rubles (up to $10,300), while legal entities could be fined up to 2 million rubles ($25,700).