TechFlow reported, according to Jinshi News, ten regions in Russia will fully ban cryptocurrency mining starting January 1, with another three regions implementing partial bans.
The government decree, passed on December 23, stipulates a complete mining ban from January 2025 to March 2031. In the other three regions, mining will be partially restricted during each heating season (from November 15 to March 15 of the following year), except for the first year after the ban takes effect on January 1, 2025.
Russian Deputy Prime Minister Alexander Novak stated at the end of December that the number of regions banning cryptocurrency mining could increase if governors submit requests. Authorities in the Republic of Khakassia have already asked the Ministry of Energy to restrict mining activities in the region.
