Russia Bans Cryptocurrency Mining in Moscow and Other Regions Until 2032

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Russia has banned cryptocurrency mining in Moscow, the Moscow Oblast, and eight districts of the Kursk Oblast, effective August 15, 2026, under a decree signed by Prime Minister Mikhail Mishustin. The restriction, in effect until 2032, targets local residents participating in mining pools, including the city of Rybnov and eight municipal districts. This move aligns with broader anti-money laundering efforts and may affect liquidity and crypto markets as regional mining activity relocates.

Odaily Planet Daily reports that the Russian government will ban cryptocurrency mining in Moscow, Moscow Oblast, and eight districts of Kursk Oblast starting August 15, with the restriction lasting until December 31, 2032. The restriction covers eight municipal districts in Kursk Oblast and the city of Lgov, and applies to local residents participating in mining pools and similar activities. The relevant decree was signed by Russian Prime Minister Mikhail Mishustin and has been officially published.

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