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Image Credit: Cryptoslate

Russia halts crypto mining in energy-strapped territories

  • Russia is set to restrict crypto mining in several of its regions due to ongoing energy shortages.
  • Specific regions, including the Far East, southwestern Siberia, and the South, are experiencing limited energy availability.
  • Enforcement actions against illegal or home-based crypto miners are already underway.
  • President Vladimir Putin recently signed a digital asset regulation law that grants the government the authority to ban or limit crypto mining in select regions or territories.

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