Russia President Vladimir Putin Approves Crypto Mining Restrictions
Russian President Vladimir Putin has approved new measures to restrict cryptocurrency mining in several regions to address energy supply concerns. These restrictions are part of Russia’s broader efforts to regulate the industry while conserving electricity during peak winter months.
Russia Crypto Mining Restrictions Enforced in 13 Regions
Russia will introduce the crypto mining restrictions in 13 regions including the occupied territories of Ukraine between December 2024 and March 2031. The affected regions are the Irkutsk region, the Zabaikalsky Krai and some parts of the Republic of Buryatia in Siberia.
Furthermore, between 2012 and 2031, annual emission standards shall be…
