Cryptocurrency mining has expanded to the point of influencing the Russian currency market and should be factored into its balance of payments, according to a representative of the Kremlin. The sector ...
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Russia moves to criminalize illegal crypto mining — jail time and million-ruble fines now on the table
Russia's Ministry of Justice proposed criminal penalties for illegal crypto mining on Dec. 30, 2025. Basic illegal mining faces fines up to 1.5 million rubles or 2 years of forced labor. Large-scale ...
The Russian government approved a list of regions and territories where cryptocurrency mining will be banned starting next year. Crypto mining will be banned entirely in 10 Russian regions for six ...
The Russian government has banned crypto mining in ten regions for a period of six years, according to reporting by the state-owned news agency Tass. Russia has cited the industry’s high power ...
Russia’s crypto mining laws have filled the “regulatory vacuum,” but there is still a lot of legal uncertainty about many aspects of regulation. Russian President Vladimir Putin has signed a set of ...
Add Yahoo as a preferred source to see more of our stories on Google. Russian media claimed on Friday that the Trump administration held talks with Russia over joint management of Ukraine’s ...
Russia's largest data center operator BitRiver has partnered with the Russian Direct Investment Fund to build mining and AI computing facilities across BRICS nations. The companies announced their ...
Russia has banned crypto mining in ten key regions of the country until 2031, citing its high energy consumption, according to Russian news sources. Dagestan, North Ossetia, and Chechnya are among the ...
A report published on February 21 indicated that Russia's Bitcoin mining sector expanded by 7% in 2024, with mining farms reaching a total of 136,600 units. Despite this expansion, the sector ...
Anna Baydakova, Senior Reporter at CoinDesk joins us to talk about Russia's complex relationship with Bitcoin. From Putin's surprising embrace of crypto mining to the grey market of mining rig ...
The Russian Energy Ministry has claimed that a recent ban on crypto mining in many parts of Siberia is helping to ease pressure on the region's electricity grids, despite recent reports to the ...
Russian media claimed on Friday that the Trump administration held talks with Russia over joint management of Ukraine’s Zaporizhzhia Nuclear Power Plant, including the potential to use its power for ...
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