Ten regions in Russia will fully ban cryptocurrency mining on January 1, while three other 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. In the other three regions, there will be partial restrictions on mining during each heating season before 2031 (from November 15 of each year to March 15 of the following year, except for the first year starting from January 1, 2025).

Russian Deputy Prime Minister Alexander Novak stated at the end of December that the number of regions banning cryptocurrency mining could increase if requests are made by governors. The authorities of the Republic of Khakassia have already asked the Ministry of Energy to restrict mining activities in the region. (Jinshi)