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 ...

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

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

The Bank of Russia is developing a new centralized platform to identify and restrict cryptocurrency over-the-counter (OTC) ...

Russian firms embrace Bitcoin for cross-border payments to bypass sanctions, amid new crypto laws and mining restrictions ...

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 ...

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

Pool Russian firms are using crypto for international payments amid sanctions, said the country's finance minister. Recent legislative changes have reversed Russia's previous resistance to crypto.