Russia Bans Cryptocurrency Mining in Moscow and Other Regions Until End of 2032
2026-08-15 15:30
Odaily News – According to Government Decree No. 936, Russia's Ministry of Energy has prohibited cryptocurrency mining and participation in mining pools in Moscow and parts of Kursk Oblast, with the ban remaining in effect until December 31, 2032.
The year-round restrictions are aimed at alleviating electricity capacity shortages, as energy-intensive mining facilities continue to put pressure on regional power grids. Russia legalized registered mining in 2024, and has since imposed similar bans in 10 other regions due to rising electricity demand. (CoinDesk)
The year-round restrictions are aimed at alleviating electricity capacity shortages, as energy-intensive mining facilities continue to put pressure on regional power grids. Russia legalized registered mining in 2024, and has since imposed similar bans in 10 other regions due to rising electricity demand. (CoinDesk)
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