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Russia’s Crypto Mining Bill Proposes Banning Mining in ‘Energy-Deprived’ Regions

CointimeCointime2024/07/19 08:08
By:Cointime

Russia may ban cryptocurrency mining in areas classified as "energy-deficient", which hinders the consensus on cryptocurrency mining regulations. The bill is expected to be passed in August, giving authorities the power to declare mining activities in these areas illegal based on government considerations.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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