Russia to ban crypto mining across invaded Ukraine regions
Russian authorities have announced plans to ban crypto mining across occupied territories of Ukraine as the war between the two nations ticked over into its thousandth day. Russia’s Deputy Prime Minister Alexander Novak led a meeting attended by top ministers at which they reportedly discussed the country’s “difficult regime-balance” and how it is impacting an electricity industry that sees a lack of supply and capacity during the autumn-winter months. According to the Moscow Times, Russia’s government is covering all bases — including invaded ones — with a proposed crypto mining ban that extends to captured Ukraine territories , such as the Donetsk, Lugansk, Zaporizhia, and Kherson regions. Read more: Paraguay shuts illegal bitcoin mines that stole enough power to light a city A further six territories in Russia’s North Caucasus region will also face a flat-out ban on crypto mining activities until 2031. The Irkutsk, some of Buryatia, an...
