Russia Slams Brakes on Crypto Mining: Moscow and Border Regions Under Ban

The Russian government has taken a significant step in regulating its digital economy by introducing large-scale restrictions against cryptocurrency mining. According to a newly approved decree, the city of Moscow and the Moscow region, as well as parts of the Kursk region, will become 'closed zones' for cryptocurrency extraction.

This ban is not temporary, but rather a long-term strategic restriction that will be in effect from August 15, 2026, to December 31, 2032. The restrictions not only include direct mining activities but also related technical and support activities.

The geography of the new ban covers three main areas: the city of Moscow, the Moscow region, and eight border districts of the Kursk region. This selection is directly related to the need to ensure energy stability and security.