The Russian government is set to implement a permanent ban on cryptocurrency mining in the southern regions of Buryatia and Zabaykalsky Krai, effective from 2026. Previously, these areas only enforced temporary restrictions during winter due to high electricity demand. This move follows a similar ban in the southern part of Irkutsk, known as the "mining capital." Currently, at least 10 regions in Russia have imposed long-term or phased mining bans, with some restrictions extending until 2031.
Russia Plans Permanent Crypto Mining Ban in Two Regions by 2026
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
