Russia Plans Permanent Cryptocurrency Mining Ban in Two Regions Starting 2026

According to ChainCatcher, the Russian government intends to enforce a year-round ban on cryptocurrency mining in the Republic of Buryatia and the Zabaykalsky Krai starting in 2026. Currently, these regions only have temporary bans during the winter months, but a draft document from the government's electricity industry development committee indicates that these restrictions will become permanent. This move is part of Russia's ongoing efforts to curb cryptocurrency mining, with at least 10 regions across the country already implementing long-term bans that will last until the spring of 2031. The Russian Ministry of Energy has previously stated that it is closely monitoring the energy situation in these areas and is prepared to take swift action.