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Russia Considers Extended Ban on Cryptocurrency Mining in Irkutsk Region

  • Russia is considering an extended ban on cryptocurrency mining in the Irkutsk region.
  • The potential ban, if implemented, would begin on April 1, 2025, and last until at least March 15, 2031.
  • The governor of Irkutsk, Igor Kobzev, supports the ban to address energy shortages caused by large-scale mining operations.
  • The proposed ban could have a significant impact on the mining industry in the region, forcing miners to relocate or cease operations.

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