Kosovo reinstates cryptocurrency mining ban to secure energy supply

[Kosovo resumes cryptocurrency mining ban to ensure energy supply] Jinse Finance reported that the Kosovo government has taken measures to maintain energy supply in the next few months, including banning cryptocurrency mining. Kosovo's executive body has approved certain measures to ensure an adequate energy supply for households and businesses in the coming weeks and months, and a ban on the use of electricity to produce digital currencies has also been listed as necessary. Kosovo had previously decided to suspend crypto mining in the country. Kosovo authorities said in a statement that their main motivation was not only to ensure sufficient energy supplies in winter, but also to protect the public interest. The measures are for two months, but officials can extend them to 180 days with a majority vote. (Bitcoin.com)

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Kosovo Reinstates Cryptocurrency Mining Ban to Safeguard Energy Supply: Jinse Finance reports that the Kosovo government has taken steps to preserve energy supplies in the coming months, including a ban on cryptocurrency mining. Kosovo's executive body has already approved certain measures to ensure an adequate energy supply for households and businesses in the coming weeks and months, and a ban on the use of electricity to produce digital currencies has also been listed as necessary. Kosovo had previously decided to suspend crypto mining in the country. Kosovo authorities said in a statement that their main motivation was not only to ensure sufficient energy supplies in winter, but also to protect the public interest. The measures are for two months, but officials can extend them to 180 days with a majority vote. (Bitcoin.com) [2022/8/5 12:04:54]

Kosovo To Ban Cryptocurrency Mining To Solve Energy Crisis: Golden Finance reports that the Republic of Kosovo will ban cryptocurrency mining as a means to solve energy crisis. As part of a series of relief measures, the Eastern European country's Minister of Economy, Artane Rizvanolli, acted on the recommendation of the technical committee on emergency measures for energy supply on December 31. These measures include "a ban on cryptocurrency mining throughout the territory." The government declared a state of emergency in December for 60 days, allowing it to allocate more money for energy imports and impose blackouts, the Gazette reported. The move is similar to Iran’s Dec. 28 ban on cryptocurrency mining until March 6 to conserve electricity and avoid winter blackouts. (coindesk) [2022/1/5 8:25:46]

Voice | Farah Jafar-Kosobi: I hope that Chinese blockchain companies will develop in Malaysia: On December 5th, hosted by the Department of Industry and Information Technology of Hainan Province, organized by Hainan Ecological Software Park and Huobi China At the "Hainan Free Trade Port Digital Economy and Blockchain International Cooperation Forum", Farah Jafar-Kosobi, CEO of Labuan International Business and Financial Center in Malaysia, said that Malaysia has opened the first digital bank in Asia. It is hoped that Chinese blockchain companies can expand their business in Asia in Malaysia and support the development of the "Belt and Road" project. [2019/12/5]