Government working on ‘dealing’ with miners of virtual currencies – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait English Daily

Government working on ‘dealing’ with miners of virtual currencies – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait English Daily

Devices said being operated in abandoned homes

KUWAIT CITY, Dec 1: Regarding the government’s recent moves to deal with the issue of mining the digital currency “Bitcoin” and besieging encrypted virtual currencies locally in the absence of a law preventing or criminalizing them, informed sources revealed that a governmental study prepared in this regard concluded that there is a major scenario that the “miners” resort to in Kuwait, which is operating their devices in abandoned homes, especially in some areas of private housing due to the low value of the electric tariff, reports Al- Rai daily.