Russia's Irkutsk Oblast may implement a year-round ban on cryptocurrency mining starting April 1

reported by Cryptonews, the largest bitcoin mining hotspot in Russia, Irkutsk Oblast, may ban all cryptocurrency mining activities year-round starting from April 1. The ban will only apply to the southern region of Irkutsk Oblast in Siberia, but it may last until mid-2031.

The media outlet "Businessman" with good relations with the Kremlin reported that its sources revealed that the Russian government "may fully ban mining activities in the southern part of Irkutsk Oblast as early as April 1."