Express
Abkhazia to Criminalize Crypto Mining and Extend ‘Temporary’ Ban
Summary: Abkhazia’s crypto mining miseries continue to deepen, with the government set to criminalize mining – and extend a mining ban as power supplies continue to experience disruption. The government has unveiled plans to hit miners with criminal charges and fines of up to almost USD 8,000. And per an official decree, the government has now ...
Abkhazia’s crypto mining miseries continue to deepen, with the government set to criminalize mining – and extend a mining ban as power supplies continue to experience disruption.
The government has unveiled plans to hit miners with criminal charges and fines of up to almost USD 8,000. And per an official decree, the government has now extended its “temporary” ban on mining – which was due to expire on June 1 this year – until at least March 31, 2022.
Public officials caught mining will face the most severe punishments, with companies caught contravening the rules also in line to pay heavy penalties.
By Amy Liu
Tags: Abkhazia,Ban,Crime,Crypto Mining
Link: Abkhazia to Criminalize Crypto Mining and Extend ‘Temporary’ Ban [Copy]
