Russian AML Agency Wants to Criminalize illegal crypto mining

Rosfinmonitoring, the Russian AML agency, suggests imposing criminal liability on illegal crypto miners, citing their involvement in laundering operations.

This proposal is supported by the Finance Ministry, Central Bank, and the Russian Civic Chamber, highlighting its significant backing in legislative changes.

Under existing laws, miners are penalized only for electricity theft. The new measures aim to broaden the legal framework, establishing penalties for non-compliance with crypto regulations.

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