Tajikistan Criminalizes Illegal Electricity Use in Crypto Mining

Tajikistan's new criminal code amendments impose severe penalties for unauthorized power consumption in cryptocurrency mining, addressing previously unregulated practices.

Summary

Tajikistan has amended its Criminal Code to introduce penalties for illegal cryptocurrency mining using electricity. Offenders face fines of 15,000 to 75,000 somoni or imprisonment ranging from 2 to 8 years, closing the prior regulatory loophole.

Terms & Concepts
  • Virtual Asset Mining: The process of using computational power to validate blockchain transactions and earn cryptocurrency rewards.
  • Illegal Electricity Use: Unauthorized consumption of electrical power, often bypassing metering systems or using unapproved connections.