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 banned crypto mining in ten regions for a period of six years, according to reporting by the state ...

Russian crypto miners may ditch fossil fuels for renewable power in a bid to avoid regional bans, an energy industry insider ...

Some businesses have begun using crypto, including bitcoin, to make international payments, Russia's finance minister said.

The Russian government imposed a six-year ban on crypto mining in 10 regions due to the industry's high power consumption, ...

Russia to ban crypto mining from January 2025 in specific regions to address energy issues, affecting key areas like Dagestan ...

But many in Siberia have blamed crypto miners for power outages and grid instability that can cause significant harms during winter months. But Russia presumably gets no taxes on illegal crypto ...

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 ...

Experts say, however, that Russia's experiments with crypto cross-border payments are more a sign of the effectiveness of sanctions on the traditional dollar-based currency system, and that ...