JUST IN: 🇷🇺 In a significant move, Russia has declared a 6-year ban on cryptocurrency mining in 10 regions, citing ongoing energy shortages and concerns over the strain on local power grids. Authorities stated that these regions, already facing critical energy supply issues, cannot sustain the high electricity demands associated with mining operations. This decision is part of broader efforts to stabilize energy distribution, prioritize essential sectors, and mitigate risks to the national power infrastructure caused by unregulated crypto-mining activities.

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