Russia enforces 6-year ban on crypto mining in 10 regions

Russia bans crypto mining in several regions until 2031
The government's concerns about the crypto mining sector's high energy demands have prompted a temporary ban in key regions.
Russia is mining a hot cryptocurrency, trying to solve one big trade problem
Some businesses have begun using crypto, including bitcoin, to make international payments, Russia's finance minister said.
Russia announces cryptocurrency mining bans starting January 2025 in 10 regions
The Russian government has approved restrictions on cryptocurrency mining operations across multiple regions, which will take effect on January 1, 2025. The resolution, reported by Russia’s TASS, outlines total bans in several territories and seasonal restrictions in others,
Russia enforces six-year ban on crypto mining in 10 regions: here’s why
Russia announces a six-year ban on crypto mining in key regions, citing energy shortages and economic imbalances caused by cross-subsidisation.
Russia bans cryptocurrency mining in the Caucasus and occupied Ukraine
The Russian government has approved a list of regions and territories where cryptocurrency mining will be prohibited, TASS reported on December 24, citing a government decree.
Bank of Russia cracks down on crypto OTC services with new platform
The Bank of Russia is developing a new centralized platform to identify and restrict cryptocurrency over-the-counter (OTC) trading.
Russia Imposes 6-Year Ban on Crypto Mining in 10 Regions, Citing Energy Use: Tass
The Russian government imposed a six-year ban on crypto mining in 10 regions due to the industry's high power consumption, Tass reported.The ban,
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Digital Currencies: Russia’s Weapon Against Sanctions in Global Trade
This comes after Russia passed new legislation allowing the use of cryptocurrency in international trade, marking a ...
Russia’s finance minister reveals bitcoin is being used to conduct foreign trade
“As part of the experimental regime, it is possible to use bitcoins, which we had mined here in Russia, in foreign trade ...
Did Vladimir Putin Just Ban Bitcoin Mining In Russia? The Devil Is In The Details
The Russian government has announced a six-year ban on cryptocurrency mining in ten regions, effective Jan. 1, 2025, citing ...
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Here’s Why Russia Is Using Bitcoin and Crypto for International Trade
Russia taps Bitcoin and cryptocurrencies for international trade, embracing digital assets to counter economic challenges ...
Russia bans crypto mining for 6 years in 10 regions
The Russian government has completely banned cryptocurrency mining in 10 Russian regions and territories for a period of six ...
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Russia Expands Use of Bitcoin in Foreign Trade, Says Finance Minister
Russia is expanding the use of Bitcoin in foreign trade to bypass sanctions, as confirmed by Finance Minister Anton Siluanov.
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Russia says it's using bitcoin to evade sanctions
Russian companies are using bitcoin to evade Western sanctions, thanks to a new law, the country's Finance Minister Anton ...