The Russian Ministry of Energy has officially put forward a proposal to restrict cryptocurrency mining activities in certain special regions affected by energy shortages. One of the sources, who spoke on condition of anonymity, said the official proposal would begin to implement the restrictions in December, stressing: "The DOE does have a proposal that we will consider at a government committee meeting on November 18." The energy ministry said the possible restrictions were justified because energy shortages were expected in some areas, explaining that "it would be wise to ban cryptocurrency mining in areas where regulatory and fiscal parameters are critical, as well as in areas where electricity prices are subsidised, during the anticipated energy shortages."