The Abkhaz state of Russia has temporarily banned the cryptocurrency mining industry and is expected to shut down on June 1, 2021.

On December 31, Cryptonews announced that Russia's Abkhazia had announced a temporary ban on the cryptocurrency mining industry. The move was due to the overheating of the station, which set a mine in Abkhazia on fire, causing power outages in many parts of the country. This restriction follows a policy adopted by the government of the South Caucasus. The government has ordered police to shut down more crypto mines and mining lakes. Following the ban, the government issued a directive requiring all radio operators in Abkhazia to take appropriate measures to protect the site from potential cryptographic mining. The list of candidates is prepared by the Korea Communications Commission. The ban will remain in effect until June 1, 2021. In the meantime, “temporary restrictions” have been lifted and cryptocurrency mining will be legalized again.