Russia Imposes Winter Crypto Mining Ban in Buryatia and Transbaikal

Published at 2025-11-15 12:00:23

Regional officials in Buryatia and Transbaikal have reinstated a winter prohibition on cryptocurrency mining, citing the need to protect local power supplies during the cold months when consumption spikes. The ban will remain in force until spring and is aimed at preventing blackouts and preserving capacity for households and essential services. Authorities said the measure is temporary but necessary given strained grid conditions.

The decision is a setback for miners operating in those Siberian regions and signals continued tensions between energy policy and digital asset activity. Expect some mining operations to pause, relocate, or attempt to negotiate exemptions, which could shift demand to other regions and create short-term disruption in local crypto operations. For the broader market, this underscores regulatory and infrastructure risks that can influence mining economics and regional investment decisions.

Share on:

Related news

Boris Johnson Calls Bitcoin a 'Giant Ponzi Scheme' in Daily Mail

Former UK prime minister Boris Johnson labelled Bitcoin a “giant Ponzi scheme” in a Daily Mail column on March 13, 2026, renewing pointed political criticism of the crypto sector. His comments add a high-profile voice to debates over regulation and investor protection.

BPI Aims for August Bitcoin Tax Relief as Deadline Looms

The Bitcoin Policy Institute called bipartisan support for a de minimis tax exemption for small Bitcoin transactions "encouraging" and is pushing for enactment by August as a legislative deadline approaches. The move seeks to reduce reporting burdens on routine crypto activity and support retail usage.

Published at 2026-03-13 21:15:42
Kraken-Backed SPAC Eyes Crypto Target Worth Up to $10 Billion

A SPAC backed by crypto exchange Kraken is broadly evaluating crypto-native firms with potential valuations up to $10 billion, targeting interest from Wall Street investors. The move signals continued appetite for bringing large crypto companies to public markets.

Published at 2026-03-13 18:45:40
Argentina Halts peso Stablecoin argt, Classifies It as a Security

Argentina’s securities regulator ordered a halt to operations of argt, a peso‑pegged stablecoin from Twin Finance, ruling it qualifies as a security subject to capital markets rules. The token, listed on Belo, had been offering returns up to 32% APR.

Mastercard Launches 85-Partner Crypto Initiative to Keep Stablecoins on Its Rails

Mastercard unveiled a program with more than 85 participants aimed at keeping stablecoin transactions flowing through its card and payment rails. The initiative pools crypto-native firms, banks, exchanges and infrastructure providers to integrate stablecoins into existing payment flows.

Published at 2026-03-13 10:30:16