Kuwait declares cryptocurrency mining illegal amid power crisis crackdown

Kuwait has launched a sweeping crackdown on cryptocurrency mining, blaming the activity for worsening a power crisis that has led to rolling blackouts across the country as temperatures soar and air conditioning demand surges. The Ministry of Interior announced last week that it had begun a "wide-ranging" security operation targeting...Read Entire Article

May 3, 2025 - 23:30
 0  6
Kuwait declares cryptocurrency mining illegal amid power crisis crackdown

Kuwait has launched a sweeping crackdown on cryptocurrency mining, blaming the activity for worsening a power crisis that has led to rolling blackouts across the country as temperatures soar and air conditioning demand surges. The Ministry of Interior announced last week that it had begun a "wide-ranging" security operation targeting...

Read Entire Article