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Russia to Ban Crypto Mining in 10 Regions Starting January 2025

  • Russia will ban crypto mining in 10 regions from January 2025 to address energy shortages and balance electricity use.
  • The ban will be in place for six years until March 15, 2031.
  • The ban applies to 10 regions, including Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia, Chechnya, Donetsk and Lugansk People’s Republics, and Zaporizhia and Kherson regions.
  • The ban may be lifted in the future if energy supply stabilizes.

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