Kuwait has launched a sweeping crackdown on cryptocurrency mining, blaming the activity for worsening a power crisis that has ...

Kuwait recently issued a ban on cryptocurrency mining and began raiding home it suspected of breaking the law amidst an ...

Kuwait has banned cryptocurrency mining and is cracking down on the activity due to strains on electricity network ...

Energy consumption in the Al-Wafrah region of Kuwait dropped 55 percent almost overnight as authorities raided homes suspected of housing cryptocurrency mining rigs. The crackdown comes amid a ...

The Public Prosecution has started investigating 31 reports on the illegal use of electricity to mine cryptocurrencies in 59 ...

The State has intensified its efforts to combat cryptocurrencies, particularly Bitcoin, due to their negative impact on the ...

Authorities in the Gulf nation have ramped up enforcement against crypto miners exploiting cheap electricity, with ...

The authorities of a city in Kuwait called Al-Wafra have banned cryptomining. As a result, energy costs were reduced by 55% ...

U.S. President Donald Trump is taking off on Monday for a trip to Saudi Arabia, Qatar and the United Arab Emirates, aiming to ...