The Russian government has extended the ban on cryptocurrency mining in certain regions for up to 6 years due to high energy consumption. According to a report from Tass, from January 1, 2025, to March 15, 2031, regions such as Dagestan, Ingushetia, and Chechnya will be affected. The ban aims to maintain the balance of energy consumption as cryptocurrency mining accounts for 1.5% of Russia's total consumption. Russia has legalized cryptocurrency mining and requires mandatory registration to manage the assets and wallets of miners. ⚡️🌍