Russia’s cryptocurrency laws have not convinced most mining businesses to register with authorities, as only 30% of the miners have entered the Federal Tax Service Register since late 2024. The ...

Cryptocurrency mining has expanded to the point of influencing the Russian currency market and should be factored into its balance of payments, according to a representative of the Kremlin. The sector ...

The Russian government has banned crypto mining in ten regions for a period of six years, according to reporting by the state-owned news agency Tass. Russia has cited the industry’s high power ...

The Russian government approved a list of regions and territories where cryptocurrency mining will be banned starting next year. Crypto mining will be banned entirely in 10 Russian regions for six ...

Russia's largest data center operator BitRiver has partnered with the Russian Direct Investment Fund to build mining and AI computing facilities across BRICS nations. The companies announced their ...

Russia has banned crypto mining in ten key regions of the country until 2031, citing its high energy consumption, according to Russian news sources. Dagestan, North Ossetia, and Chechnya are among the ...

A report published on February 21 indicated that Russia's Bitcoin mining sector expanded by 7% in 2024, with mining farms reaching a total of 136,600 units. Despite this expansion, the sector ...

The Russian Energy Ministry has claimed that a recent ban on crypto mining in many parts of Siberia is helping to ease pressure on the region's electricity grids, despite recent reports to the ...

Sberbank has issued Russia’s first crypto-backed loan in a pilot deal with bitcoin miner Intelion Data. Sberbank has issued Russia’s first loan backed by crypto, extending financing to Intelion Data, ...

Russian media claimed on Friday that the Trump administration held talks with Russia over joint management of Ukraine’s Zaporizhzhia Nuclear Power Plant, including the potential to use its power for ...