【Russia bans cryptocurrency mining in 10 regions for 6 years】On December 24, according to reports from the Russian TASS news agency, starting from January 1, 2025, 10 regions in Russia (Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia, Chechnya, the Donetsk and Luhansk People's Republics, as well as Zaporizhzhia and Kherson regions) will completely ban cryptocurrency mining for a period of six years. This ban will last until March 15, 2031. Russian legislators have also approved seasonal restrictions in major cryptocurrency mining areas to prevent power outages. These restrictions are in line with the Russian cryptocurrency mining law signed by the president in August and October 2024.