PANews reported on December 24 that according to Russian local media TASS, the Russian government has approved a complete ban on cryptocurrency mining in 10 regions starting from January 1, 2025, and the ban will last until March 15, 2031. These regions include Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia, Chechnya, and Donetsk, Luhansk, Zaporizhia and Kherson regions. The ban applies to mining pool activities and individual mining activities.

In addition, Russia will impose seasonal mining restrictions on three Siberian regions, Irkutsk, Buryatia and Transbaikal, during the winter energy peak. In 2025, these restrictions will last from January 1 to March 15, and then be extended from November 15, 2025 to March 15 of the following year.