CryptoMediaClub
Friday, October 3, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Russia to Ban Mining Activity in 10 Regions From Jan 2025: Report

24.12.2024
A A
0
122
VIEWS
ShareShare

The Russian government has approved a decree banning cryptocurrency mining in 10 regions from January 1, 2025, until March 15, 2031, according to a report by TASS.

The decision aims to address energy concerns and includes seasonal restrictions in key mining areas to prevent power outages.

The ban targets regions with limited energy resources or those heavily reliant on seasonal energy supplies. The new rules reflect growing efforts by Russian lawmakers to regulate the energy-intensive cryptocurrency sector.

Mining Ban To Be Implemented in Some Regions

The Russian government is introducing a ban on digital currency mining, including participation in mining pools, in the following regions: Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia, Chechnya, the Donetsk and Lugansk People’s Republics, as well as the Zaporizhia and Kherson regions, as stated in the resolution.

Crypto mining will be banned in some areas of the Irkutsk Region, Buryatia and the Zabaikalsky Krai, but temporarily. Only during peak energy consumption.

North Caucasus regions, Russian — Source: Wikipedia

According to the report, the list of regions and territories is not final. It can be adjusted based on the decisions of the government commission on issues of electric power development.

The objective of such restrictions is to maintain the balance of energy consumption taking into account the demands of industry.

Legal Status of Crypto Mining in Russia

Crypto mining has been legalized in the Russian Federation, provided that information about the assets received and the addresses of crypto wallets is provided to the Federal Tax Service (FTS).

On November 1, the FTS launched a service for entering data into the register of miners – this is mandatory for individual entrepreneurs and legal entities. Individuals can receive digital currency within 6 thousand kWh per month.

AI Tech To Fight Illegal Crypto Mining

Earlier this month it emerged a group of Russian academics have developed an AI solution that can track down illegal crypto mining operations. The solution is a groundbreaking “world’s first” and will let power companies “combat illegal mining.”

The solution was reportedly developed by St. Petersburg State University. Its masterminds called illegal crypto mining “one of the most pressing problems” now facing “Russia’s energy system.”

The post Russia to Ban Mining Activity in 10 Regions From Jan 2025: Report appeared first on Cryptonews.

Share9Tweet6ShareSharePin2

Related Posts

US Government Shutdown Triggers Cryptocurrency Market Recovery: Bitcoin, Ethereum, and Ripple Prices Soar
All news

US Government Shutdown Triggers Cryptocurrency Market Recovery: Bitcoin, Ethereum, and Ripple Prices Soar

03.10.2025
0

With deep partisan divisions preventing Congress and the White House from reaching a funding agreement, the US government shut down...

Read moreDetails
Why Is Crypto Up Today? – October 3, 2025

Why Is Crypto Up Today? – October 3, 2025

03.10.2025
NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York

NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York

03.10.2025
Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

03.10.2025
Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains

Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains

03.10.2025
Load More
Next Post
Robinhood Will Continue Crypto Push But Won’t Invest in Bitcoin: CEO

Robinhood Will Continue Crypto Push But Won’t Invest in Bitcoin: CEO

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Best Crypto to Buy Now July 26 – Bittensor, Brett, JasmyCoin

Best Crypto to Buy Now July 26 – Bittensor, Brett, JasmyCoin

1 year ago
Webull Launches Crypto Trading in Australia via Coinbase Prime

Webull Launches Crypto Trading in Australia via Coinbase Prime

1 month ago
Ethereum Whales Accumulate – Can Price Start Recovery Now?

Ethereum Whales Accumulate – Can Price Start Recovery Now?

2 years ago
Can Ethereum crack $2K? ETH price inches closer despite new unlocked supply

Can Ethereum crack $2K? ETH price inches closer despite new unlocked supply

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York

Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains

Crypto Price Prediction Today October 2 – XRP, Pepe, Dogecoin

Will a Europe-US BTC reserve race actually happen?

XRP Price Prediction: SWIFT Partners With Ethereum Firm – Is Ripple Losing the Payments Race It Started?

Trending

Bitcoin above $120k: Here’s 3 data points bulls must watch next
Analysis

Bitcoin above $120k: Here’s 3 data points bulls must watch next

03.10.2025
0

Bitcoin price is back above $120,000, and the market has clean data to read instead of just...

US Government Shutdown Triggers Cryptocurrency Market Recovery: Bitcoin, Ethereum, and Ripple Prices Soar

US Government Shutdown Triggers Cryptocurrency Market Recovery: Bitcoin, Ethereum, and Ripple Prices Soar

03.10.2025
Why Is Crypto Up Today? – October 3, 2025

Why Is Crypto Up Today? – October 3, 2025

03.10.2025
NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York

NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York

03.10.2025
Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report

03.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz