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Mining of cryptocurrencies to be restricted in Moscow and other regions; Russia's Ministry of Energy proposes a ban starting in 2026

2026-06-26 14:40

Odaily Planet Daily News The Russian Ministry of Energy has drafted a government resolution proposing a ban on cryptocurrency mining in Moscow, the Moscow region, and parts of the Kursk region from July 1, 2026 to December 31, 2032. According to the document, the ban covers multiple municipal districts and towns in the Kursk region. Previously, the Russian government had decided to implement long-term mining bans starting in 2025 in various parts of the North Caucasus, the Donetsk and Luhansk regions, the Zaporozhye and Kherson regions, and upgraded seasonal power restrictions in the Republic of Buryatia and the Trans-Baikal Territory to long-term restrictions. (TASS)