Russian Official: State Should Confiscate Crypto from Illegal Miners

According to Cryptonews, Yevgeny Masharov, a member of the Russian Public Chamber and a policymaker, said that authorities should be given the power to confiscate cryptocurrencies from illegal or quasi-legal Bitcoin miners. Masharov believes that this proposal will deter "gray" miners by "making illegal mining unprofitable." [Foresight News]