Source: Coinomedia
Original Title: Tajikistan Bans Unauthorized Crypto Mining with Jail Time
Original Link: https://coinomedia.com/tajikistan-crypto-mining-ban/
Tajikistan has officially criminalized unauthorized cryptocurrency mining operations that use stolen or unmetered electricity. A new law passed by the country’s parliament introduces strict penalties — including hefty fines and prison sentences — to combat illegal crypto mining activities.
The move comes amid growing concerns over energy theft and the pressure it places on the country’s aging power infrastructure. By amending its Criminal Code, Tajikistan has joined a wave of countries in Central Asia taking strong regulatory actions against unlicensed and unregulated crypto mining.
Harsh Penalties for Energy Theft
Under the new legislation, individuals found guilty of mining crypto using stolen electricity can be fined between $1,600 and $4,000. More serious offenses, especially those involving organized groups or large-scale operations, may result in fines up to $8,200. In extreme cases, offenders may face imprisonment for up to 8 years.
The government has also made it clear that the law applies not only to miners who bypass meters or manipulate electricity lines, but also to those who mine without proper authorization from energy authorities. These penalties are expected to act as a deterrent as the country deals with increasing energy shortages during winter months.
Protecting the Energy Grid
Officials say the crackdown is necessary to prevent power outages and protect public infrastructure. Unauthorized mining has reportedly caused significant power disruptions in some regions, affecting both businesses and households. By enforcing this law, the government aims to regain control over the energy supply and reduce illegal consumption that has caused financial losses.
The law will come into effect once signed by the President and published in the official state registry. Once active, it will provide law enforcement with clear legal grounds to pursue illegal crypto mining operations tied to stolen electricity.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Tajikistan Criminalizes Unauthorized Crypto Mining with Fines Up to $8,200 and 8-Year Prison Terms
Source: Coinomedia Original Title: Tajikistan Bans Unauthorized Crypto Mining with Jail Time Original Link: https://coinomedia.com/tajikistan-crypto-mining-ban/ Tajikistan has officially criminalized unauthorized cryptocurrency mining operations that use stolen or unmetered electricity. A new law passed by the country’s parliament introduces strict penalties — including hefty fines and prison sentences — to combat illegal crypto mining activities.
The move comes amid growing concerns over energy theft and the pressure it places on the country’s aging power infrastructure. By amending its Criminal Code, Tajikistan has joined a wave of countries in Central Asia taking strong regulatory actions against unlicensed and unregulated crypto mining.
Harsh Penalties for Energy Theft
Under the new legislation, individuals found guilty of mining crypto using stolen electricity can be fined between $1,600 and $4,000. More serious offenses, especially those involving organized groups or large-scale operations, may result in fines up to $8,200. In extreme cases, offenders may face imprisonment for up to 8 years.
The government has also made it clear that the law applies not only to miners who bypass meters or manipulate electricity lines, but also to those who mine without proper authorization from energy authorities. These penalties are expected to act as a deterrent as the country deals with increasing energy shortages during winter months.
Protecting the Energy Grid
Officials say the crackdown is necessary to prevent power outages and protect public infrastructure. Unauthorized mining has reportedly caused significant power disruptions in some regions, affecting both businesses and households. By enforcing this law, the government aims to regain control over the energy supply and reduce illegal consumption that has caused financial losses.
The law will come into effect once signed by the President and published in the official state registry. Once active, it will provide law enforcement with clear legal grounds to pursue illegal crypto mining operations tied to stolen electricity.