China's 2021 ban reshaped global hashrate overnight. Russia has periodically targeted grid-connected operations. Understanding the current regulatory landscape is essential for any serious institutional mining operation.
UAE: The Gold Standard
VARA licensing, zero capital gains tax, 9% corporate tax above AED 375,000, government-held BTC, and real enforcement capability. In February 2026, VARA was formally designated a competent authority in the UAE corporate tax regime. Full Dubai analysis here.
United States: Viable With Compliance Overhead
Federally legal, state-level regulations manageable. Our US facility serves clients requiring domestic hosting for compliance, tax, or investor reporting purposes.
Russia: Off-Grid Is the Answer
Grid-connected operations face periodic restriction. Coinfast's Komi facility is fully off-grid and structurally immune. All client contracts governed through our UAE entity.
Paraguay: Stable and Renewable
One of the world's clearest regulatory environments for Bitcoin mining, backed by abundant hydro power. Our Paraguay facility serves Americas-based clients seeking renewable credentials.
China: Mining Prohibited
China banned cryptocurrency mining and trading in 2021, and the prohibition remains fully in force. No bitcoin mining or hosting operations are permitted within mainland China. Coinfast relocated all mining operations out of China and now serves Chinese institutional clients exclusively through cross-border settlement services routed via Hong Kong.