Since January 1, a complete restriction of mining cryptocurrencies has come into force in 10 regions of Russia. A partial restriction began to take effect in three more regions. Acsour experts talked about the reasons for the limitations.
Decree of the Government of the Russian Federation dated December 23, 2024 No. 1869 imposed a ban on mining in 10 regions of Russia, which will be valid until March 15, 2031. The regions where restrictions have been introduced include
In addition, digital currency mining will be banned in some territories of the Irkutsk Region, Buryatia and Zabaykalsky Krai. But these restrictions are imposed only temporarily — during peak periods of energy consumption, which in 2025 will be from January 1 to March 15, and in subsequent years — from November 15 to March 15.
The Government of the Russian Federation notes that this list is not final and may be adjusted. The decision on the changes will be made by the government commission on the development of the electric power industry.
This measure, according to the legislator, is aimed at maintaining a balance of energy consumption and eliminating cross-subsidization of electricity between regions.
Acsour experts note that this innovation is a significant step towards the legalization of mining. However, at the moment, conducting business in the field of cryptocurrencies raises a large number of issues, in particular, of a tax nature. Our experts are actively monitoring all changes in the mining industry and will be glad to ensure that your crypto projects are conducted in full compliance with the law.
Decree of the Government of the Russian Federation dated December 23, 2024 No. 1869 imposed a ban on mining in 10 regions of Russia, which will be valid until March 15, 2031. The regions where restrictions have been introduced include
- Dagestan
- Ingushetia
- Kabardino-Balkaria
- Karachay-Cherkessia
- North Ossetia
- Chechnya
- Donetsk and Lugansk Republics
- Zaporizhia and Kherson regions.
In addition, digital currency mining will be banned in some territories of the Irkutsk Region, Buryatia and Zabaykalsky Krai. But these restrictions are imposed only temporarily — during peak periods of energy consumption, which in 2025 will be from January 1 to March 15, and in subsequent years — from November 15 to March 15.
The Government of the Russian Federation notes that this list is not final and may be adjusted. The decision on the changes will be made by the government commission on the development of the electric power industry.
This measure, according to the legislator, is aimed at maintaining a balance of energy consumption and eliminating cross-subsidization of electricity between regions.
Acsour experts note that this innovation is a significant step towards the legalization of mining. However, at the moment, conducting business in the field of cryptocurrencies raises a large number of issues, in particular, of a tax nature. Our experts are actively monitoring all changes in the mining industry and will be glad to ensure that your crypto projects are conducted in full compliance with the law.
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