Russia has taken new actions again. Members of the State Duma have submitted a draft bill regarding fines for illegal mining, with significantly increased penalties for cracking down on "black mining."

Specifically, fines for individuals range from 100,000 to 150,000 rubles, public officials face fines of 300,000 to 800,000 rubles, and corporate legal entities are fined between 1 million and 2 million rubles. If the same illegal activity is repeatedly caught, the fine standards will continue to increase.

In fact, the Russian Ministry of Justice had previously considered more severe measures, proposing fines of up to 1.5 million rubles for illegal mining. Although this new draft isn't as extreme yet, the trend indicates that global regulators are indeed tightening their stance on cryptocurrency mining. For friends involved in mining businesses, compliance issues now need to be taken more seriously.