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Bitcoinik
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Russia officially decides blanket ban on crypto mining operations
- The Russian government has decided to impose a blanket ban on crypto mining operations.
- The ban will first be implemented in 10 regions, with additional temporary bans in some areas during peak energy consumption.
- The ban will be in effect from January 1, 2025, until March 15, 2031.
- The move comes as a response to power outages in the affected regions.
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