Russia's new energy policy will prohibit cryptocurrency mining in 13 regions

ChainCatcher news, the Russian government's Electricity Development Commission approved cryptocurrency mining restrictions on Monday, which will take effect on December 1, with a subsequent enforcement period from November 15 to March 15 each year until 2031.

Deputy Energy Minister Evgeny Grabchak confirmed this decision, which targets 13 regions including Irkutsk, Buryatia, and Transbaikal, but excluding Moscow. The approval to extend the enforcement period is aimed at managing peak electricity demand and addressing energy shortages. Other affected regions include Karachay-Cherkessia, Kabardino-Balkaria, Donetsk, and Luhansk People's Republic.