CoinVoice has learned that, according to the Russian news agency TASS, starting from January 1, 2025, 10 regions in Russia (Daghestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkess Republic, 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 consistent with the cryptocurrency mining law signed by the president in August and October 2024. [Original link]