Russia Plans to Ban Data Centers from Using Subsidized Electricity for Crypto Mining

According to Cryptonews, the Russian government is revising the draft mining bill passed in its first reading in 2022, intending to prohibit domestic data processing centers from using subsidized electricity for crypto mining. Data centers must register with a registration form managed by the Ministry of Digital Development and Communications and pledge not to engage in mining activities in order to enjoy preferential electricity prices. The registration is voluntary, but those who join must not store mining equipment, even if it is not connected to the network. [Foresight News]