Russian advisors have recommended amnesty for owners of illegal mining equipment; approximately 60% of mining companies remain unregistered.

Odaily Planet Daily reports that Oleg Ogienko, an advisor to the Russian State Duma's working group on cryptocurrency legislation and regulation, and CEO of Via Numeri, has recommended that the government grant amnesty to cryptocurrency miners using illegally imported mining equipment to legalize and bring them under regulation. Russia has recognized cryptocurrency mining as a legal business activity since 2024, requiring miners to register with the Federal Tax Service (FNS) and pay taxes after consuming more than 6,000 kilowatt-hours of electricity per month. However, approximately 60% of mining companies have not yet completed registration. Ogienko points out that the lack of an amnesty mechanism for illegally imported equipment is the main reason why miners are not registered. Currently, only about 150 mining infrastructure operators and 1,300 related entities are registered. (Cryptopolitan)