Russian Energy Ministry considers expanding crypto mining bans to additional regions
24th April 2025 – (Moscow) The Russian Energy Ministry is reportedly considering imposing crypto mining bans in three more regions, citing pressure on local electricity grids. According to a spokesperson for Deputy Prime Minister Alexander Novak, a government commission may approve the new restrictions as early as May, potentially affecting parts of Karelia in northwestern Russia, the Penza Oblast, and areas of Khakassia in Southern Siberia.
On April 7, Moscow introduced its first year-round ban on crypto mining, outlawing the activity in the southern part of the Irkutsk Oblast until 2031. Irkutsk, known as Russia’s leading Bitcoin (BTC) mining hub, had previously been a focal point for…
