[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Fama Crypto [@Famacrypt](/creator/twitter/Famacrypt) on x 1971 followers Created: 2025-07-23 03:49:02 UTC Russia plans to empower authorities to confiscate cryptocurrencies mined illegally, targeting unregistered Bitcoin miners who strain energy resources and evade taxes. This move aims to make illegal mining financially unprofitable by seizing illicit crypto assets, not just mining equipment. Additionally, a proposed government crypto fund would utilize seized assets for public benefit, supporting infrastructure and social services. These steps reflect Russia's effort to balance Bitcoin mining growth with regulation and energy security. #Bitcoin #CryptoRegulation #IllegalMining #Cryptocurrency #Blockchain #Russia #CryptoConfiscation #BitcoinMining  XX engagements  **Related Topics** [mining](/topic/mining) [coins energy](/topic/coins-energy) [cryptocurrencies](/topic/cryptocurrencies) [empower](/topic/empower) [russia](/topic/russia) [bitcoin](/topic/bitcoin) [coins layer 1](/topic/coins-layer-1) [coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem) [Post Link](https://x.com/Famacrypt/status/1947866519804813399)
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Fama Crypto @Famacrypt on x 1971 followers
Created: 2025-07-23 03:49:02 UTC
Russia plans to empower authorities to confiscate cryptocurrencies mined illegally, targeting unregistered Bitcoin miners who strain energy resources and evade taxes. This move aims to make illegal mining financially unprofitable by seizing illicit crypto assets, not just mining equipment. Additionally, a proposed government crypto fund would utilize seized assets for public benefit, supporting infrastructure and social services. These steps reflect Russia's effort to balance Bitcoin mining growth with regulation and energy security.
#Bitcoin #CryptoRegulation #IllegalMining #Cryptocurrency #Blockchain #Russia #CryptoConfiscation #BitcoinMining
XX engagements
Related Topics mining coins energy cryptocurrencies empower russia bitcoin coins layer 1 coins bitcoin ecosystem
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