Deep Tide TechFlow News, according to Jinshi reports, ten regions in Russia will fully prohibit cryptocurrency mining starting January 1. Additionally, three regions will implement partial bans.
The government decree was passed on December 23, stipulating a complete ban on mining from January 2025 to March 2031, while in the other three regions, mining will be partially restricted during each heating season (from November 15 to March 15 of the following year), except for the first year following the ban's commencement on January 1, 2025.
Russian Deputy Prime Minister Alexander Novak stated at the end of December that the number of regions prohibiting cryptocurrency mining could increase if requests are received from governors. The authorities of the Republic of Khakassia have already asked the Ministry of Energy to restrict mining activities in the region.