Presence in the Federal Tax Service registry obliges Russian miners to provide wallet addresses and transaction information to government agencies, as well as report on received cryptocurrency to Rosfinmonitoring.
Since November 2024, the law on the legalization of cryptocurrency mining has come into force in Russia. From this moment, the Federal Tax Service (FTS) launched special registries, where legal entities and individual entrepreneurs engaged in mining, as well as operators of the corresponding infrastructure, are required to be entered.
According to the FTS, by the end of May 2025, more than 1,000 miners and operators have already registered in these registries — this is 70% more compared to February. To register, it is enough to submit an application through the electronic service "Mining Registry" on the tax service website.
Individuals can continue to engage in mining without registration if their electricity consumption does not exceed 6,000 kWh per month. At the same time, all miners, regardless of status, are required to report monthly on the digital currency received through personal accounts on the FTS website.
Registered participants are also required to provide government agencies with cryptocurrency wallet addresses and information on transactions made. Rosfinmonitoring monitors reporting. Detailed information on inclusion in the registry, reporting and taxation is available in a special section of the FTS website.
Read materials on the topic:
The Federal Tax Service of Russia has launched an online service for miners' reporting
The Russian government has decided on taxes for cryptocurrency mining
