President Putin fears Crypto mining could cause energy shortage in Russia.

This news is being manipulated.

***Let's read the original news first then try to understand, what could happen.

Russia could face electricity disruptions if the government doesn't get crypto mining under control, Russian President Vladimir Putin said on Wednesday.

Crypto is often used by Russians who live abroad to bypass Western sanctions which prevent them from accessing normal banking services. It's also been used to make donations to Russian military units.

“It is necessary to make the right and timely decisions, in particular systemic ones, at the level of the federal law," Putin said. "I have already given instructions to regulate the mining of digital currencies in Russia, including issues of taxation of this activity and tariff decisions."

*** Now focus on the key points of the news.

1) Crypto mining could cause energy shortage

2) Russians use Crypto to bypass western sanctions.

3) Crypto-currencies are used to finance war efforts.

4) President Putin has already given instructions to make right taxation of this activity and tariff decision.

Russia has the third highest crypto mining power in the world. They are the highest user of crypto i guess.

So the summary of the news is ------

*** Crypto-currencies are going to get another surge. ***