Global Stock News

Russia expands crypto mining ban to Moscow and Kursk regions

Russia expands crypto mining ban to Moscow and Kursk regions


19h05 ▪
5
min read ▪ by
Mikaia A.

Summarize this article with:

Russia, the theoretical energy paradise for Bitcoin miners, has just denied its own reputation. While analysts praised crypto mining efficiency in Putin’s homeland, the current administration takes the opposite stance. Like China once did, the country seems intent on banning this practice from its most strategic territories.

A Russian official raises his hand in front of Moscow, while a banned symbol covers mining machines and a bitcoin.A Russian official raises his hand in front of Moscow, while a banned symbol covers mining machines and a bitcoin.

In Brief

  • Russia bans crypto mining in Moscow, its region and Kursk from August 15, 2026 to December 31, 2032.

Source link

Share this article

Scroll to Top