Russia Plans Wider Crypto Mining Ban Across Key Regions From July
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Russia will ban crypto mining in Moscow, the Moscow region and parts of Kursk from July 1, 2026 through Dec. 31, 2032 to protect power supplies and reduce pressure on regional electricity networks. Officials cited rising electricity demand and financial crime concerns, signaling broader regulatory tightening that will shrink local mining capacity, increase compliance costs for miners and CEXs and weigh on crypto and DeFi adoption in the region.
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- Russia plans to ban crypto mining in Moscow and nearby regions from July 2026 to protect power supplies.
- Officials say growing electricity demand from crypto mining has prompted wider restrictions across several regions.
- Russia joins other countries tightening oversight of crypto mining over energy use and financial crime concerns.
Russia plans to expand its restrictions on cryptocurrency mining under a draft proposal that would ban the activity in Moscow, the Moscow region and parts of the Kursk region from July 1, 2026. The Ministry of Energy said the proposed restrictions would remain in place through Dec. 31, 2032, as authorities seek to reduce pressure on regional electricity networks.
The proposal follows recommendations from the government’s commission on electric power development. Deputy Energy Minister Yevgeny Grabchak previously said officials supported …
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