The government's concerns about the crypto mining sector's high energy demands have prompted a temporary ban in key regions.
The Russian government has been a historic opponent of bitcoin, banning its use for domestic payments, but has recently come ...
Some businesses have begun using crypto, including bitcoin, to make international payments, Russia's finance minister said.
Russian firms embrace Bitcoin for cross-border payments to bypass sanctions, amid new crypto laws and mining restrictions ...
Power providers in the Siberian crypto mining hotspot of Irkutsk have discovered an illegal mining “farm” operating on their ...
The Bank of Russia is developing a new centralized platform to identify and restrict cryptocurrency over-the-counter (OTC) ...
Russia has banned crypto mining operations in ten regions for a period of six years. Additional bans may be instituted when ...
Russia has banned crypto mining in ten key regions of the country until 2031, citing its high energy consumption, according to Russian news sources. Dagestan, North Ossetia, and Chechnya are among ...
The Russian government approved a list of regions and territories where cryptocurrency mining will be banned starting next year. Crypto mining will be banned entirely in 10 Russian regions for six ...
Russia to ban crypto mining from January 2025 in specific regions to address energy issues, affecting key areas like Dagestan ...
Russia enforces crypto mining bans and restrictions to stabilize energy demands, affecting 10 regions starting January 2025.