Mining of cryptocurrencies will be restricted in Moscow and other areas; Russia's Ministry of Energy proposes implementing a ban from 2026

Odaily 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. The document shows that 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 several areas of the North Caucasus, the Donetsk and Luhansk regions, the Zaporizhzhia region, and the Kherson region. It also upgraded seasonal electricity restriction measures in the Republic of Buryatia and the Trans-Baikal Territory to long-term restrictions. (TASS)