Russia will place restrictions on crypto mining in some regions

The Russian Deputy Minister of Energy has announced that due to ongoing energy shortages, Russia will restrict cryptocurrency mining in specific regions, including regions with limited power resources such as the Far East, southwestern Siberia, and southern Siberia. Electricity shortages could last until 2030, making large-scale mining difficult to maintain.
Previously, Russian President Vladimir Putin signed a law regulating the circulation of digital currencies that will come into effect on November 1. The law gives the Russian government the right to ban the mining of digital currencies in specific regions or individual territories, and the right to determine the procedures and cases for introducing such restrictions.