Russia Plans to Ban Cryptocurrency Mining in Moscow and Other Regions Until 2032

According to Russia’s TASS news agency, the Russian Ministry of Energy has drafted a government decree that would ban cryptocurrency mining in certain areas of Moscow, Moscow Oblast, and Kursk Oblast—including Belovsky and Sudzha districts and eight other municipal districts, as well as the city of Lgov—starting July 1, 2026, through December 31, 2032. Previously, the Russian government had imposed mining bans in multiple regions, including Buryatia, Zabaykalsky Krai, and the North Caucasus, with the scope of restrictions continuing to expand. Currently, Moscow and Moscow Oblast host 65 data centers, with a total installed capacity of 734 megawatts.