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The Russian Ministry of Energy proposes to restrict cryptocurrency mining activities in areas affected by energy shortages

2024-11-17 07:38

Odaily Planet Daily News: According to TASS, the Russian Ministry of Energy has officially proposed a proposal to restrict cryptocurrency mining activities in certain special areas affected by energy shortages. A source who declined to be named said that the official proposal will implement these restrictions starting from December this year, emphasizing, "The Department of Energy does have a proposal that we will review at the government committee meeting on November 18th The Ministry of Energy stated that possible restrictive measures are reasonable due to the expected energy shortages in some regions. The department explained that "it is wise to prohibit cryptocurrency mining in areas where regulatory and fiscal parameters are critical, as well as in areas with electricity price subsidies, during periods of anticipated energy shortages." (Bitcoin. com)

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