Russia to Expand Cryptocurrency Mining Ban, Two Siberian Regions to Enforce Year-Round Prohibition
According to TechFlow, on December 17, Cryptopolitan reported that the Russian government plans to implement a year-round cryptocurrency mining ban in the Republic of Buryatia and the Zabaykalsky Krai starting from 2026. Currently, these two regions only enforce a temporary ban during the winter (from November 15, 2025, to March 2026), but a draft document from the government's Power Industry Development Committee indicates that these restrictions will be extended into permanent measures.
This move is the latest in Russia's crackdown on cryptocurrency mining. At present, at least 10 regions across the country have implemented long-term mining bans, which will last until the spring of 2031. The Russian Ministry of Energy previously stated that it is closely monitoring the energy situation in these regions and is prepared to take swift action.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Report: Monthly Adjusted Stablecoin Trading Volume Surpasses Visa and PayPal
Data: 200 BTC transferred out from a certain exchange, routed through intermediaries, and flowed into FalconX
Standard Chartered Bank launches blockchain-based tokenized deposit solution
A certain whale address sold all 7,654 ETH one hour ago, making a profit of about $4 million.
