Russia Extends Crypto Mining Ban to Moscow Through 2032

Russian officials have added Moscow, the Moscow Region, and portions of the Kursk Region to an ongoing ban on cryptocurrency mining. This expansion of the restrictive policy is set to remain in effect until 2032.

The government cited concerns over power supply stability as the primary driver for these new rules. With energy grids under significant pressure, authorities are limiting energy intensive activities to ensure residential and industrial electricity needs are met.

This move marks a shift in how Russia handles the digital asset sector. While the country has recently worked to create a legal framework for crypto payments, this local ban shows that infrastructure limitations remain a hurdle for mining operations. Traders should watch for further regional updates as the government balances energy demands against its crypto industry goals.