Kuwait Tightens Control on Cryptocurrency Mining Amidst Power Crisis

Kuwait is facing a critical power shortage, prompting the government to implement stricter measures against cryptocurrency mining. The energy-intensive nature of crypto mining poses a significant threat to energy security in the country. To curb this challenge and conserve electricity, authorities are intensifying their crackdown on unregulated operations. This move aligns with a global trend where governments are increasingly regulating energy-demanding aspects of the cryptocurrency sector.