Kuwait Issues Warning Against Illegal Cryptocurrency Mining
According to Bitcoin.com, on April 22, the Kuwaiti Ministry of Interior issued a statement declaring cryptocurrency mining an illegal activity, citing violations of several national laws and pressure on the country's power infrastructure. The ban involves the 1970 Amendment No. 31 to the Criminal Law, the 2014 Regulation of Communications and Information Technology Law No. 37, the 1996 Industrial Law No. 56, and the 2016 Municipal Regulations No. 33, among other laws.
The Kuwaiti Ministry of Interior pointed out that unauthorized cryptocurrency mining leads to "excessive energy consumption, increasing the load on the public power grid," which causes power outages in residential, commercial, and industrial areas and affects essential service supplies. The warning was jointly issued by the Ministry of Electricity, Water and Renewable Energy, the Communications and Information Technology Regulatory Authority, the Public Authority for Industry, and the Municipal Department. Authorities have requested involved mining entities to "rectify immediately" and emphasized that legal actions, including referral to investigative departments, will be taken against violators.
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