Russia Struggles to Regulate Crypto Mining Despite New Laws
Despite implementing new crypto mining regulations in late 2024, Russia has struggled to bring its vast mining sector into the legal fold. According to Finance Ministry official Ivan Chebeskov, only 30% of the country’s crypto miners have registered with the Federal Tax Service, leaving the majority, nearly 70% operating without
Russia Imposes Six-Year Crypto Mining Ban in 10 Regions
Russia is set to enforce a six-year ban on cryptocurrency mining across 10 regions, with partial seasonal restrictions in key mining hubs. The regulations aim to address energy concerns while maintaining mining activity in strategic areas. Complete Ban in 10 Region Starting January 1, 2025, cryptocurrency mining will be entirely