Russia expands crypto mining ban to Moscow through 2032

CoinTelegraph·

Russia expands crypto mining ban to Moscow through 2032

60-second summary

Russia is expanding its crypto mining ban to Moscow, the Moscow Region, and parts of the Kursk Region through 2032, citing power supply concerns. The ban now affects major areas, including the capital city, and is likely to impact local mining operations. The move is expected to further limit Russia's cryptocurrency mining industry.

Russia has added Moscow, the Moscow Region and parts of Kursk Region to its cryptocurrency mining ban list, citing power supply concerns behind the restrictions.