Bitcoin.com
Russia Slams the Brakes on Bitcoin Mining: Moscow Ban Extends to 2032
August 2, 2026•04:30 AM
The Russian government has issued a sweeping decree banning cryptocurrency mining activities in Moscow and surrounding regions, extending the prohibition through December 31, 2032. The amendment, effective August 15, 2024, also impacts territories in the Kursk region, marking a significant crackdown on digital asset operations in key economic zones. This expansion of Russia's crypto mining restrictions comes amid the country's complex relationship with digital currencies. While Russia has previously shown interest in blockchain technology and even discussed creating a legal framework for crypto, this latest move signals a hardening stance. The ban could force mining operations to relocate, potentially affecting global hash distribution and creating opportunities in neighboring countries with more favorable regulatory environments.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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