Cryptocurrency miners in Chechnya will be treated like terrorists in 2025, lawmaker warns

Cryptocurrency miners in Chechnya will be equated with terrorists, says State Duma member Adam Delimkhanov, following a ban on cryptocurrency mining in several regions of Russia starting in January 2025.

according to Russian News outlet Tsargrad TVDelimkhanov stated that from January 1, 2025, cryptocurrency mining will be considered illegal in the Chechen Republic. So, he found no one Crypto mining In the region he will be severely punished.

“We will equate them with terrorists, because their actions harm the entire society,” the MP said, adding that he was relaying the words of Chechen head of state Ramzan Kadyrov.

Delimkhanov explained that mining cryptocurrencies may lead to problems with the stability of electricity in a certain area, affecting the daily lives of citizens. He said this is due to the high demand for electricity needed to operate cryptocurrency mining systems, which could disrupt the flow of electricity.

He warned that if cryptocurrency mining activities are found to lead to electricity problems in Russian regions, villages or cities, the authorities will respond quickly and put cryptocurrency miners behind bars.

Ditto I mentioned By crypto.news Last October, Russian Deputy Energy Minister Evgeny Grabsha said that Bitcoin (Bitcoin) Mining will be banned in many major areas due to power shortages.

The ban applies to cryptocurrency miners and mining companies located in regions such as Dagestan and Chechnya, as well as the Donetsk and Luhansk People’s Republics. It also extends to areas in the Irkutsk, Buryatia and Zabaykalsky regions during peak hours.

Lawmakers claim that cryptocurrency mining has caused massive electricity deficits, making it impossible to provide significant power capacity until at least 2030. The ban is said to come into effect in November and will remain in place until March 15, 2031.

The cryptocurrency mining ban comes after Russian President Vladimir Putin signed a draft law on cryptocurrency trading that gives Russian lawmakers the power to ban cryptocurrency mining in specific regions. Not only that, the law also prohibits advertisements of companies offering cryptocurrency services among other restrictions.