PANews|5月 19, 2026 00:54
[Russia Approves Ban on Cryptocurrency Mining in Border Areas of Kursk Region]
According to Bits.media, the Russian government’s legislative committee has approved a proposal to ban cryptocurrency mining in the border areas of the Kursk region. The ban affects eight districts and the city of Lgov. The governor stated that this measure was taken at the request of resource supply organizations, as residents in nine border areas are exempt from paying utility fees, including electricity. Establishing mining facilities would impose a financial burden on the federal budget. The ban aims to prevent energy shortages exacerbated by attacks from Ukrainian armed forces and difficulties in infrastructure restoration. The governor did not disclose a specific implementation timeline but mentioned that the ban could be lifted if conditions improve in the future. Earlier reports suggested that the mining ban might be extended to the entire central region of Russia.
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