Russia is planning to widen its restrictions on cryptocurrency mining under a new draft proposal. The ban would apply to Moscow, the Moscow region, and parts of the Kursk region starting July 1, 2026. The Ministry of Energy stated these restrictions would last until December 31, 2032, mainly to reduce strain on regional electricity networks.
The proposal follows recommendations from the government’s commission on electric power development. Deputy Energy Minister Yevgeny Grabchak previously indicated support for extending mining restrictions to several regions, including Moscow and parts of Kursk. The draft also covers municipalities like Belovsky, Glushkovsky, Korenevsky, Rylsky, Sudzhansky, and Lgov.
Energy Demand Drives New Restrictions
Regional officials argue that cryptocurrency mining puts growing pressure on local electricity networks. Government estimates show 65 data centers operate across Moscow and the surrounding area, with a combined capacity of 734 megawatts. Nineteen of those facilities are in the Moscow region alone, accounting for 233 megawatts.
Though Moscow’s inclusion is notable, the move is part of a broader trend. Russia has steadily tightened mining restrictions over the past two years as electricity demand has risen. The government already approved year-round mining bans in Buryatia and Zabaykalsky Krai starting April 2026. It has also prohibited mining in Dagestan, Chechnya, Ingushetia, North Ossetia, and several Russian-controlled areas of Ukraine through 2031.
Authorities have introduced additional limits in southern Irkutsk, including seasonal mining restrictions during peak electricity demand. The latest proposal builds on those measures as officials try to protect electricity supplies for households and businesses.
Global Scrutiny of Crypto Mining Grows
Russia’s proposal comes as governments in several countries tighten oversight of cryptocurrency activities. Earlier this month, the European Commission proposed new sanctions that would allow the European Union to restrict cryptocurrency service providers accused of helping Russia evade sanctions. The proposal also targets 11 cryptocurrency platforms.
The United Kingdom has also imposed sanctions on cryptocurrency services. In Georgia, authorities have started installing smart electricity meters in Mestia to curb illegal crypto mining and ease pressure on the local power grid.
