Summary
- Russia has confirmed that it will ban virtual asset mining in 10 regions until 2031.
- It was reported that mining bans will be implemented in regions including Dagestan and Ingushetia.
- This measure is implemented for energy supply efficiency and may be changed according to government decisions.
Russia plans to ban virtual asset (cryptocurrency) mining in 10 regions within the country from next year until 2031. On the 24th, TASS news agency reported, "The Russian government has finalized the list of regions and territories where virtual asset mining will be banned from January 1, next year, until March 15, 2031." It is expected that virtual asset mining will be prohibited in 10 regions, including Dagestan and Ingushetia. This measure is explained as being aimed at efficiently supplying energy necessary for industrial development. The media added, "This restriction is not final and may be changed according to the decision of the government committee."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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