Russia to Ban Mining Activity in 10 Regions From Jan 2025: Report – Cryptonews

Russia is set to implement a ban on mining activity in 10 regions starting from January 2025, according to a report from Cryptonews. This decision will have significant implications for the cryptocurrency industry in the country. The ban is expected to impact mining operations in regions such as Irkutsk, Krasnoyarsk, and Chelyabinsk, among others. The move comes as part of Russia’s efforts to regulate the cryptocurrency market and ensure environmental sustainability. It is important for miners and investors in the affected regions to prepare for the upcoming changes and comply with the new regulations to avoid any potential penalties.