Russia seeks up to 5 years in prison for illegal crypto mining

Russia's Ministry of Justice is proposing to strengthen criminal penalties for illegal cryptocurrency mining, according to Wu Blockchain. Under the proposed amendments, violators could face fines of up to 1.5 million rubles (approximately $16,800) or up to two years of forced labor. In cases involving large-scale profits or links to organized crime, penalties could include up to five years in prison.