The Russian government is introducing a ban on cryptocurrency mining until December 31, 2032, in several regions, including Moscow, Moscow Oblast, and certain territories of Kursk Oblast. The corresponding information follows from a decree published on July 31 on the official internet portal for legal information.
It is noted that the corresponding measures will take effect in the designated territories starting August 15 of this year. They will apply not only to the capital and its region but also to eight districts of Kursk Oblast: Bolshesoldatsky, Rylsky, Sudzhansky, Belovsky, Korenevsky, Glushkovsky, Lgovsky, and Khomutovsky. The ban will also affect the city district of Lgov in the same subject.
The corresponding amendments have already been made to the government decree dated December 23, 2024, No. 1869 "On Establishing a Prohibition on Carrying Out Digital Currency Mining (Including Participation in a Mining Pool) in Certain Subjects of the Russian Federation and in Certain Territories of Subjects of the Russian Federation."
The State Duma of the Russian Federation on July 21 adopted a law introducing comprehensive regulation of digital currency and digital rights circulation in the country. As was emphasized, such a project establishes rules that depositories, crypto exchanges, and all other participants related to this sphere must adhere to. Now, only organizations included in a special register will be able to operate. Until July 1, 2027, they have the right to operate without registration during a transitional period.
