BlockBeats news, on December 24, according to the Russian TASS news agency, starting from January 1, 2025, 10 regions in Russia (Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherk The Republic of Slovakia, North Ossetia, Chechnya, Donetsk and Luhansk People’s Republics, as well as the Zaporozhye and Kherson Oblasts, will impose a total ban on cryptocurrency mining for six years. The ban will last until March 15, 2031.
Russian lawmakers also approved seasonal restrictions in major cryptocurrency mining regions to prevent blackouts. These restrictions are consistent with Russian cryptocurrency mining laws signed by the president in August and October 2024.
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