Government of Kosovo officially bans cryptocurrency mining

In December 2021, a state of emergency was declared for a total duration of 2 months and a serious with the energy / electricity crisis one-on-one KosovoCryptocurrency mining is officially banned. In this sense, local security forces and cyber experts will identify and punish citizens who will mine cryptocurrencies using video cards in their homes.


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Kosovo faces a serious energy crisis

Kosovo has been grappling with an energy crisis caused by rising global prices for some time now. the Government of Kosovo, added a new one to the measures it has taken in order to reduce electricity use throughout the country and to minimize power cuts. Accordingly, nationwide cryptocurrency mining It is officially prohibited to do so.

Government officials, who made a statement on the subject, stated that people who are mining cryptocurrencies will be identified and both their energy rights will be taken away from them. that they will have to pay material / moral penalties explained. While the increase in electricity prices has affected all European countries, the Kosovo government has cut energy at certain times of the day in order to prevent the electricity from being cut completely.

The Balkan state’s largest coal-fired power plant was shut down last month due to a technical problem, forcing the government to import electricity at high prices. announced in December 60-day state of emergency, It empowered the government to set aside more money for energy imports and impose stricter restrictions on energy use. Finally, protests started recently due to power cuts and the Minister of Economy Artane RizvanolliHis resignation was requested.

So, what do you think about this decision taken by the Kosovo Government? Do not forget to share your views with us in the comments section.

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