The Kuwait Investment Authority (KIA) has partnered with BlackRock’s $30 billion AI Infrastructure Partnership to advance global artificial intelligence infrastructure development. This strategic collaboration, announced in September 2024, […]
Kuwait Takes Crackdown on Illegal Crypto Mining: 116 Individuals Questioned
In a significant development impacting the Middle East’s cryptocurrency landscape, Kuwait has escalated its regulatory efforts against unauthorized digital asset mining operations. Authorities have initiated investigations and enforcement […]
Kuwait Targets Illegal Crypto Mining Operations, Investigating 31 Cases
Kuwait has launched a major crackdown on illegal cryptocurrency mining operations, identifying 31 cases involving 116 suspects across 59 locations. The investigation is linked to the strain on […]
Kuwait Launches Investigation into 31 Illegal Crypto Mining Cases
Authorities in Kuwait are actively investigating illegal cryptocurrency mining operations, targeting 116 suspects and over 59 properties suspected of illicit activity. The investigation aims to protect the country’s […]
Kuwait Enacts Crackdown on Unlicensed Cryptocurrency Mining
Kuwait’s government is taking a firm stance against unlicensed cryptocurrency mining, launching a major operation to shut down operations without permits. Over 60 individuals have been identified as […]
Illegal Cryptocurrency Mining Threatens Kuwait’s Energy Grid
Kuwait is taking action to combat illegal cryptocurrency mining, which has sparked concerns about potential strain on the country’s power supply. Authorities have launched a multi-pronged crackdown, investigating […]
Kuwait Issues Warning Over Illegal Cryptocurrency Mining, With Over 1,000 Sites Under Investigation
The Kuwaiti Ministry of Interior has issued a stern warning regarding illegal cryptocurrency mining within the country. The government revealed in a statement on April 22nd that over […]
Kuwait Bans Cryptocurrency Mining Over Infrastructure Strain
Kuwait has declared cryptocurrency mining illegal, citing infrastructure strain as the primary reason behind this decision. The Ministry of Interior announced on April 22 that the ban is […]
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 […]
Kuwait Bans Bitcoin Mining Over Energy Concerns and Legal Violations
Kuwait has imposed a ban on Bitcoin mining due to excessive energy consumption and multiple legal violations. The country is joining the ranks of nations like China, Egypt, […]
Kuwait Bans Bitcoin Mining Over Energy Strain Concerns
Kuwait has implemented a ban on cryptocurrency mining due to concerns about its impact on the country’s energy infrastructure. Authorities have shut down over 1,000 illicit mining sites […]
Kuwait Bans Crypto Mining to Alleviate Power Concerns
The Kuwait Ministry of Interior has issued a ban on cryptocurrency mining, citing concerns over power grid strain and public safety risks in the nation. This decision aims […]
Kuwait Issues Ban on Crypto Mining, Highlighting Legal Concerns
The Kuwait Ministry of Interior (MoI) has officially declared that cryptocurrency mining is illegal and unlicensed within the country. This stance comes following a joint initiative between various […]