Russia’s key crypto mining regions like Irkutsk will enforce seasonal mining restrictions instead of originally proposed complete bans.
The Russian government approved a list of regions and territories where cryptocurrency mining will be banned starting next year.
Crypto mining will be banned entirely in 10 Russian regions for six years, starting Jan. 1, 2025, the local news agency TASS reported on Dec. 24. The ban will remain effective until March 15, 2031.
Russian lawmakers also approved seasonal restrictions in key cryptocurrency mining regions to prevent energy blackouts.
