Close Menu
Cryphedge.com
  • Home
  • Crypto News
    • Bitcoin
    • NFT News
  • Altcoins
  • Scams
  • Blockchain
  • Regulations
  • Trading
Facebook X (Twitter) Instagram
Cryphedge.com
  • Home
  • Crypto News
    • Bitcoin
    • NFT News
  • Altcoins
  • Scams
  • Blockchain
  • Regulations
  • Trading
Cryphedge.com
Home » Kuwait bans Bitcoin mining over energy concerns and legal violations
Kuwait bans Bitcoin mining over energy concerns and legal violations

Kuwait bans Bitcoin mining over energy concerns and legal violations

April 23, 20252 Mins ReadNo Comments Regulations
Share
Facebook Twitter LinkedIn Pinterest Email

Kuwait’s Ministry of Interior has outlawed Bitcoin mining, citing excessive power consumption and violations of national regulations.

In an April 22 statement, the government warned that crypto mining operations in the country are unauthorized and breach multiple existing laws.

The authorities pointed out that crypto mining violates Kuwait’s penal code, communication and IT regulations, industrial laws, and municipal rules.

The Ministry continued that these operations place an unsustainable burden on the nation’s electrical grid and potentially threaten public safety.

According to the authorities:

“The Ministry asserts that cryptocurrency mining leads to excessive consumption of electrical energy, which increases the load on the public grid and may lead to power outages affecting residential, commercial, and service areas, posing a threat to public safety and the regular provision of essential service.”

Consequently, the officials urged anyone involved in mining to cease operations or face legal consequences.

Meanwhile, this latest enforcement action reinforces a broader ban issued in 2023 by Kuwait’s Capital Markets Authority, which also prohibited other crypto-related activities.

However, this renewed warning is a joint initiative involving the Ministry of Interior, the Ministry of Electricity, Water and Renewable Energy, and other regulatory bodies.

According to them, their collective aim is to prevent infrastructure degradation and promote responsible energy use.

Global shift towards Bitcoin mining

While Kuwait tightens its restrictions, several countries continue to embrace Bitcoin mining as part of their broader digital asset strategies.

El Salvador, for instance, operates state-backed mining farms powered by volcanic energy. Despite imposing certain limits, Russia has legalized mining and experienced a significant surge in local activity.

Other countries, such as Belarus and Pakistan, are exploring ways to channel surplus electricity into Bitcoin mining to generate economic value.

Meanwhile, the United States is also shifting towards the emerging industry. The Donald Trump-led administration has expressed ambitions to lead in the global crypto space, with policymakers promoting regulatory frameworks that support mining.

Latest Middle East Stories
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
cryphedge

Related Posts

Hong Kong advances stablecoin legislation introducing new rules for issuers

May 21, 2025

Russia plans to seize crypto in new crackdown on local payments

May 21, 2025

SEC charges tokenized asset firm execs with $100 million crypto fraud

May 21, 2025

Robinhood calls on SEC to establish unified regulatory framework for tokenized RWAs

May 20, 2025
Add A Comment

Comments are closed.

Editors Picks

SUI Flips XRP in Institutional Inflows

May 21, 2025

Web3 Ai Leads With $777K Giveaway

May 21, 2025

OnRe, Backed by Ethena, Solana Ventures, and RockawayX Launches Structured Yield Product Combining Real-World Stability and On-Chain Upside

May 21, 2025

Bitcoin Smashes a New ATH at $109,845-Here’s What’s Next for BTC Price Rally

May 21, 2025
About

cryphedge is an online news portal that aims to share the latest crypto news, bitcoin, altcoin, blockchain, nft news, regulation, trading, crypto scams and much more stuff.

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin Price Analysis: Will BTC Breakout Above $83K Resistance?

March 17, 2025

Wall Street Insider: XRP Is Vastly Undervalued, $15K Ahead?

April 19, 2025

Pi Network’s open mainnet launch causes short-lived rally for token before price crashes over 50%

February 20, 2025
Subscribe
Please enable JavaScript in your browser to complete this form.
Loading
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$109,681.002.61%
  • ethereumEthereum(ETH)$2,559.811.30%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$2.401.86%
  • binancecoinBNB(BNB)$675.653.79%
  • solanaSolana(SOL)$173.723.13%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2339863.19%
  • cardanoCardano(ADA)$0.773.47%
  • tronTRON(TRX)$0.268559-0.09%
  • staked-etherLido Staked Ether(STETH)$2,561.871.75%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$109,281.002.42%
  • suiSui(SUI)$3.952.02%
  • Wrapped stETHWrapped stETH(WSTETH)$3,080.341.48%
  • chainlinkChainlink(LINK)$16.172.71%
  • avalanche-2Avalanche(AVAX)$23.182.22%
  • HyperliquidHyperliquid(HYPE)$28.196.51%
  • stellarStellar(XLM)$0.2940112.17%
  • shiba-inuShiba Inu(SHIB)$0.0000152.19%
  • hedera-hashgraphHedera(HBAR)$0.1987641.75%
  • leo-tokenLEO Token(LEO)$8.860.93%
  • bitcoin-cashBitcoin Cash(BCH)$406.863.10%
  • the-open-networkToncoin(TON)$3.100.50%
  • litecoinLitecoin(LTC)$97.223.16%
  • moneroMonero(XMR)$397.3513.54%
  • polkadotPolkadot(DOT)$4.771.96%
  • USDSUSDS(USDS)$1.000.00%
  • WETHWETH(WETH)$2,545.191.21%
  • Pi NetworkPi Network(PI)$0.8611.64%
  • bitget-tokenBitget Token(BGB)$5.262.01%
  • Wrapped eETHWrapped eETH(WEETH)$2,723.961.20%
  • Binance Bridged USDT (BNB Smart Chain)Binance Bridged USDT (BNB Smart Chain)(BSC-USD)$1.000.37%
  • pepePepe(PEPE)$0.0000144.15%
  • Ethena USDeEthena USDe(USDE)$1.00-0.08%
  • Coinbase Wrapped BTCCoinbase Wrapped BTC(CBBTC)$109,506.002.56%
  • whitebitWhiteBIT Coin(WBT)$30.12-0.38%
  • BittensorBittensor(TAO)$450.477.68%
  • aaveAave(AAVE)$251.31-3.09%
  • uniswapUniswap(UNI)$6.264.04%
  • daiDai(DAI)$1.000.02%
  • nearNEAR Protocol(NEAR)$2.872.27%
  • aptosAptos(APT)$5.292.87%
  • okbOKB(OKB)$52.400.45%
  • OndoOndo(ONDO)$0.983.94%
  • Jito Staked SOLJito Staked SOL(JITOSOL)$207.392.46%
  • kaspaKaspa(KAS)$0.1131432.50%
  • Official TrumpOfficial Trump(TRUMP)$14.560.98%
  • crypto-com-chainCronos(CRO)$0.0974590.72%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • ethereum-classicEthereum Classic(ETC)$19.063.34%
  • Tokenize XchangeTokenize Xchange(TKX)$35.94-0.10%
  • internet-computerInternet Computer(ICP)$5.371.61%
  • gatechain-tokenGate(GT)$21.821.32%
  • vechainVeChain(VET)$0.0292412.19%
  • Ethena Staked USDeEthena Staked USDe(SUSDE)$1.170.01%
  • render-tokenRender(RENDER)$4.803.04%
  • mantleMantle(MNT)$0.74-1.11%
  • sUSDSsUSDS(SUSDS)$1.050.01%
  • EthenaEthena(ENA)$0.4024416.48%
  • cosmosCosmos Hub(ATOM)$4.992.98%
  • polygon-ecosystem-tokenPOL (ex-MATIC)(POL)$0.2419054.25%
  • USD1USD1(USD1)$1.000.25%
  • fetch-aiArtificial Superintelligence Alliance(FET)$0.818.56%
  • Lombard Staked BTCLombard Staked BTC(LBTC)$109,607.003.38%
  • arbitrumArbitrum(ARB)$0.4152285.25%
  • algorandAlgorand(ALGO)$0.2309842.69%
  • filecoinFilecoin(FIL)$2.963.40%
  • fasttokenFasttoken(FTN)$4.420.40%
  • worldcoin-wldWorldcoin(WLD)$1.218.01%
  • CelestiaCelestia(TIA)$2.66-0.89%
  • Jupiter Perpetuals Liquidity Provider TokenJupiter Perpetuals Liquidity Provider Token(JLP)$4.631.80%
  • Sonic (prev. FTM)Sonic (prev. FTM)(S)$0.511.28%
  • bonkBonk(BONK)$0.0000214.47%
  • Binance-Peg WETHBinance-Peg WETH(WETH)$2,567.262.09%
  • first-digital-usdFirst Digital USD(FDUSD)$1.000.32%
  • JupiterJupiter(JUP)$0.523.61%
  • Binance Staked SOLBinance Staked SOL(BNSOL)$180.081.88%
  • quant-networkQuant(QNT)$98.481.15%
  • blockstackStacks(STX)$0.936.03%
  • FartcoinFartcoin(FARTCOIN)$1.4210.04%
  • kucoin-sharesKuCoin(KCS)$11.34-4.17%
  • Kelp DAO Restaked ETHKelp DAO Restaked ETH(RSETH)$2,664.631.40%
  • Virtuals ProtocolVirtuals Protocol(VIRTUAL)$2.013.25%
  • nexoNEXO(NEXO)$1.280.18%
  • flare-networksFlare(FLR)$0.0191891.27%
  • StoryStory(IP)$4.47-1.23%
  • immutable-xImmutable(IMX)$0.684.00%
  • optimismOptimism(OP)$0.753.64%
  • sei-networkSei(SEI)$0.2311612.98%
  • injective-protocolInjective(INJ)$12.462.57%
  • rocket-pool-ethRocket Pool ETH(RETH)$2,896.051.15%
  • makerMaker(MKR)$1,756.862.06%
  • USDT0USDT0(USDT0)$1.00-0.12%
  • eosEOS(EOS)$0.76-3.31%
  • dogwifhatdogwifhat(WIF)$1.1315.91%
  • xdce-crowd-saleXDC Network(XDC)$0.071621-0.18%
  • the-graphThe Graph(GRT)$0.1147643.23%
  • Solv Protocol BTCSolv Protocol BTC(SOLVBTC)$109,458.002.61%
  • curve-dao-tokenCurve DAO(CRV)$0.755.52%
  • flokiFLOKI(FLOKI)$0.0001034.37%