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More than 1,000 illegal cryptocurrency mining sites discovered – Kuwait tightens control, warns
The Kuwaiti government has just issued a stern warning after discovering more than 1,000 locations illegally mining cryptocurrency, despite an outright ban on all crypto-related activities issued since July 2023. This development not only shows a portion of the population's disregard for the law but also highlights the potential risks from cryptocurrency mining to the energy system and public safety of this Gulf nation.
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🚀NEW: 🇰🇼 Kuwait bans Bitcoin mining citing energy consumption and illegal activity.
#Kuwait #MineríaDeBitcoin #BTC #BTC☀ #BTC走势分析 $BTC
#Kuwait #MineríaDeBitcoin #BTC #BTC☀ #BTC走势分析 $BTC
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BREAKING New#pak 🇸🇦
🗣️A massive gold discovery has just been confirmed in the Mecca region, south of the Mansourah-Massarah mine — and it’s shaking up the global commodities market. 🏆
Preliminary data suggests the new deposit holds over 200 tons of high-grade gold, making it one of the biggest finds in Saudi history. 👑
This discovery, aligned with Vision 2030, could supercharge the nation’s economic growth, attract global investment, and create thousands of new jobs across the mining sector. ⚙️📈
The world is watching as Saudi Arabia🔴 Saudi Arabia News 🇸🇦
🗣️ A major gold discovery has been confirmed in the Mecca region — south of the Mansourah-Massarah mine — which has shaken the global commodities market. 🏆
According to preliminary information, this new deposit contains over 200 tons of high-quality gold, which is one of the largest discoveries in Saudi Arabia's history. 👑
This discovery aligns with the goals of Vision 2030 and is expected to accelerate the country's economic development, increase international investment, and create thousands of new jobs in the mining sector. ⚙️📈
The world's eyes are currently focused on Saudi Arabia. 🌍#IndiaCryptoDreams #UAE #Dubai_Crypto_Group #Kuwait
🗣️A massive gold discovery has just been confirmed in the Mecca region, south of the Mansourah-Massarah mine — and it’s shaking up the global commodities market. 🏆
Preliminary data suggests the new deposit holds over 200 tons of high-grade gold, making it one of the biggest finds in Saudi history. 👑
This discovery, aligned with Vision 2030, could supercharge the nation’s economic growth, attract global investment, and create thousands of new jobs across the mining sector. ⚙️📈
The world is watching as Saudi Arabia🔴 Saudi Arabia News 🇸🇦
🗣️ A major gold discovery has been confirmed in the Mecca region — south of the Mansourah-Massarah mine — which has shaken the global commodities market. 🏆
According to preliminary information, this new deposit contains over 200 tons of high-quality gold, which is one of the largest discoveries in Saudi Arabia's history. 👑
This discovery aligns with the goals of Vision 2030 and is expected to accelerate the country's economic development, increase international investment, and create thousands of new jobs in the mining sector. ⚙️📈
The world's eyes are currently focused on Saudi Arabia. 🌍#IndiaCryptoDreams #UAE #Dubai_Crypto_Group #Kuwait
Eid Mubarak 🚀💸🚀💵🚀🚀🚀#BSCTrendingCoins #BSCTrendingCoins #SaudiArabia #Dubai_Crypto_Group #Kuwait $SOL $BTC $XRP
B
MUBARAK/USDT
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0.0865
🚨BREAKING: 🚨
Kuwait officially shuts down its airspace.
#Kuwait #IsraelIranWar #CryptoNewss #Investing #WorldNews #BreakingNews #IsraeliranWar
Kuwait officially shuts down its airspace.
#Kuwait #IsraelIranWar #CryptoNewss #Investing #WorldNews #BreakingNews #IsraeliranWar
$BTC $ETH $XRP
#Bitcoin_mining and cryptocurrency mining have been banned in 🇰🇼 #Kuwait , the Ministry of Interior said in a statement on Tuesday, warning that the practice is considered unlicensed and therefore subject to legal action.
The ministry also noted the environmental impact of #Bitcoin and cryptocurrency mining, explaining that it consumes large amounts of energy, increasing pressure on the national electricity grid and potentially leading to power outages and disruptions to the power distribution network.
#Bitcoin_mining and cryptocurrency mining have been banned in 🇰🇼 #Kuwait , the Ministry of Interior said in a statement on Tuesday, warning that the practice is considered unlicensed and therefore subject to legal action.
The ministry also noted the environmental impact of #Bitcoin and cryptocurrency mining, explaining that it consumes large amounts of energy, increasing pressure on the national electricity grid and potentially leading to power outages and disruptions to the power distribution network.
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Hotter Than 52°C: Kuwait Expands Crackdown on Illegal Crypto Miners Amidst Harsh Summer
As Kuwait's temperatures are forecasted to exceed 52°C this summer, the government is expanding a large-scale crackdown on illegal crypto mining activities, aiming to protect the national electricity system from collapse due to excessive exploitation.
Over 100 individuals have been interrogated, with dozens of locations under investigation.
According to the latest information, the authorities #Kuwait have conducted investigations into 31 cases related to the illegal use of electricity for cryptocurrency mining, while interrogating 116 individuals. The investigations focus on 59 residential areas suspected of implementing crypto mining systems without permits.
Over 100 individuals have been interrogated, with dozens of locations under investigation.
According to the latest information, the authorities #Kuwait have conducted investigations into 31 cases related to the illegal use of electricity for cryptocurrency mining, while interrogating 116 individuals. The investigations focus on 59 residential areas suspected of implementing crypto mining systems without permits.
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Kuwait Capital Markets Authority Grants BlackRock Investment Advisor License
In a move reflecting the development of the financial business environment in Kuwait, the Kuwait Capital Markets Authority announced the granting of an official license to the branch of BlackRock Advisors – Limited United Kingdom to operate as an investment advisor within the Kuwaiti market. This step is a clear indication of Kuwait's success in attracting major global institutions and enhancing its position as a promising regional financial center.
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Due to the extreme confusion, I cannot determine what are the best suitable and rising currencies, God willing.
Can someone help me? I need one or two strong currencies. The most agreed upon currency I will buy from.
Because I am confused between sui, ordi, arb, and I do not know if there is a better one than them.
#BullRunAhead #crypto #MiddleEast #Kuwait #jordan
Can someone help me? I need one or two strong currencies. The most agreed upon currency I will buy from.
Because I am confused between sui, ordi, arb, and I do not know if there is a better one than them.
#BullRunAhead #crypto #MiddleEast #Kuwait #jordan
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🚨BREAKING: 🚨
Kuwait officially shuts down its airspace.
#Kuwait #IsraeliranWar #CryptoNews #Investing #WorldNews #BreakingNews #IsraeliranWar
Kuwait officially shuts down its airspace.
#Kuwait #IsraeliranWar #CryptoNews #Investing #WorldNews #BreakingNews #IsraeliranWar
ZENUSDT
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During just 46 days.. Bitcoin plummets by more than 44.5 thousand dollars!
A decrease of 35%
Lowest price today 81,754 dollars
$BTC
#ايكو_نيوز #الكويت #kuwait #eco_news #Today's_News #EconewsKW #Economy #اقتصاد_محلي #Regional_Economy #اقتصاد_عالمي
A decrease of 35%
Lowest price today 81,754 dollars
$BTC
#ايكو_نيوز #الكويت #kuwait #eco_news #Today's_News #EconewsKW #Economy #اقتصاد_محلي #Regional_Economy #اقتصاد_عالمي
BREAKING: 🚨
Kuwait officially shuts down its airspace.
FOLLOW LIKE & SHARE THANKS FOR SUPPORTING🌹🌹🌹
#Kuwait #IsraeliranWar #CryptoNews #Investing #WorldNews #BreakingNews #IsraeliranWar$BTC $SOL $ETH
Kuwait officially shuts down its airspace.
FOLLOW LIKE & SHARE THANKS FOR SUPPORTING🌹🌹🌹
#Kuwait #IsraeliranWar #CryptoNews #Investing #WorldNews #BreakingNews #IsraeliranWar$BTC $SOL $ETH
Kuwait Cracks Down on Crypto Mining 🚫💻⚡
The Kuwait Ministry of Interior has declared all crypto mining activities illegal in the country, citing violations of multiple national laws and threats to public infrastructure.
Here’s what you need to know:
1,000+ illegal mining sites detected across the country 🏠🔌
Mining operations are overloading power grids, causing outages and risking public safety ⚠️
Violations include laws tied to industry regulation, penal code, CITRA, and electricity use 📜
Why it matters:
Kuwait is making it clear—unauthorized crypto mining is a no-go. With electricity heavily subsidized, the government is cracking down on misuse and unsanctioned operations.
What’s next?
Offenders face legal consequences, and ongoing investigations are underway. Authorities urge all miners to cease operations immediately.
#CryptoNews #MiningBan #Kuwait #Regulations #CryptoMining
The Kuwait Ministry of Interior has declared all crypto mining activities illegal in the country, citing violations of multiple national laws and threats to public infrastructure.
Here’s what you need to know:
1,000+ illegal mining sites detected across the country 🏠🔌
Mining operations are overloading power grids, causing outages and risking public safety ⚠️
Violations include laws tied to industry regulation, penal code, CITRA, and electricity use 📜
Why it matters:
Kuwait is making it clear—unauthorized crypto mining is a no-go. With electricity heavily subsidized, the government is cracking down on misuse and unsanctioned operations.
What’s next?
Offenders face legal consequences, and ongoing investigations are underway. Authorities urge all miners to cease operations immediately.
#CryptoNews #MiningBan #Kuwait #Regulations #CryptoMining
BREAKING: 🇸🇴🇰🇼 Somalia and Kuwait signed three agreements on tuesday to strengthen bilateral relations and expand cooperation in multiple sectors.
#kuwait #Somalia #creatorpad
#kuwait #Somalia #creatorpad
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