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Ten regions in Russia completely ban Cryptocurrency Mining

Odaily Planet Daily News According to the Russian government, 10 regions will completely ban Cryptocurrency Mining on January 1, and three other regions will partially ban it. The government decree was passed on December 23, stipulating a complete ban on Mining from January 2025 to March 2031. In the other three regions, Mining will be partially restricted during each heating season before 2031 (from November 15 to March 15 each year, except for the first year after the ban comes into effect on January 1, 2025). Russian Deputy Prime Minister Alexander Novak said at the end of December that the number of regions banning cryptocurrency mining may increase if requested by governors. The authorities of the Republic of Khakassia have asked the Ministry of Energy to limit mining activities in the region. (Jinshi)

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