USED TO FREE ELECTRICITY, KOSOVO’S BITCOIN MINERS ARE NOW FACING DIFFICULT TIMES AFTER BAN

On 12 January, Rferl reported that Kosovo announced on 4 January blanket ban on cryptocurrency mining amid an energy crisis. Kosovar police have carried out raids in recent days, confiscating hundreds of high-tech devices used in cryptocurrency mining.  Until recently, Kosovo boasted some of Europe’s cheapest electricity rates, making cryptocurrency mining especially attractive.

https://www.rferl.org/a/kosovo-bitcoin-mining-ban-electricity/31651114.html

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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