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Cryptocurrency mining will be restricted in Moscow and other areas; Russia’s Ministry of Energy plans to implement a ban starting in 2026
Svmuu News: The Russian Ministry of Energy has drafted a government resolution proposing a ban on cryptocurrency mining in Moscow, the Moscow Region, and parts of the Kursk Region from July 1, 2026, to December 31, 2032. The document indicates that the ban covers multiple municipal districts and towns in Kursk Oblast. Previously, the Russian government had decided to implement long-term mining bans starting in 2025 in various locations in the North Caucasus, the Donetsk and Luhansk regions, Zaporizhzhia Oblast, and Kherson Oblast, and has upgraded seasonal power restrictions in the Republic of Buryatia and the Zabaykalsky Krai to permanent restrictions. (TASS)
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