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BREAKING: Russia Moves to Ban Crypto Mining in Moscow Through 2032, Jail Time for Illegal Miners BREAKING: Russia is preparing a six-year crypto mining blackout across Moscow, the surrounding Moscow Oblast and parts of the Kursk region.
The freeze runs through at least 2032. Deputy Energy Minister Evgeniy Grabchak confirmed the timeline to TASS. JUST IN: The State Duma just passed first reading of a bill that sends illegal miners to prison.
Fines up to 2.5 million rubles, roughly $35,000. Up to five years behind bars for organized groups. Property seizures on the table.
A government commission overseeing the electric power industry signed off on the recommendation. Moscow Mayor Sergey Sobyanin and Moscow Oblast Governor Andrey Vorobyov both pushed for the clampdown.
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