Kuwait Bans Cryptocurrency Mining Amidst Concerns About Energy Consumption

Kuwait has announced a complete ban on cryptocurrency mining within its borders, citing concerns about excessive electricity use and potential legal violations. The Ministry of Interior issued an official statement on April 22nd, outlining that mining activities violate various national laws and regulations, including penal code, IT and communication law, industrial rules, and city regulations. These actions are aimed at protecting Kuwait’s infrastructure and promoting sustainable energy practices.