Abkhazia Plans to Criminalize Crypto Mining as Energy Crisis Deepens— Extends Temporary Ban

Abkhazia Plans to Criminalize Crypto Mining as Energy Crisis Deepens— Extends Temporary Ban


Crypto mining in Abkhazia is still a hot potato for the de facto state government, which is now determined to criminalize such activities. Continuous massive power disruptions, in parallel, are fueling the anger of the people towards crypto miners.

Public Officials to Face Bigger Penalties

According to a report published by E Daily, the Abkhazian government revealed that it’s due to present a proposal to fine miners and also file criminal charges against them.

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The plan is to set fines up to $8,000, which is a considerable amount of money, as it is the same yearly average income per individual in the de facto South Caucasus state, equal to 20 minimum national wages.

But such punishments are the lowest ones considered in the proposal.

In fact, the government seeks to hit back with even more significant penalties against public servants who are caught in crypto mining activities, as well as companies running rigs, with up to 5,000 minimum national

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