Summary
- The Kuwaiti government has issued a warning against illegal virtual asset mining activities.
- The Ministry of Interior stated that virtual asset mining equipment is being illegally operated in more than 1,000 locations nationwide.
- Kuwait has completely banned all activities related to virtual assets since 2023, and this warning is interpreted as a sign of strengthened crackdowns.
According to Decrypt, a media outlet specializing in virtual assets (cryptocurrency), the Kuwaiti government has officially issued a warning against illegal virtual asset mining activities on the 23rd (local time).
The Kuwaiti Ministry of Interior stated in a statement that virtual asset mining equipment is being illegally operated in more than 1,000 locations across the country.
Previously, Kuwait has completely banned all activities related to virtual assets, including transfers and transactions, since 2023. This warning is interpreted as the government's intention to strengthen crackdowns on actions violating the ban.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
![Dow Tops 50,000 for First Time Ever as “Oversold” Narrative Spreads [New York Stock Market Briefing]](https://media.bloomingbit.io/PROD/news/1c6508fc-9e08-43e2-81be-ca81048b8d11.webp?w=250)
