The government of Laos announced plans to prohibit cryptocurrency mining by early 2026, citing growing energy constraints and environmental impact. The decision follows complaints about power usage and pressure on hydroelectric resources. Several small mining farms have already been shuttered under local orders. The ban may affect Southeast Asia’s nascent crypto infrastructure as miners shift operations elsewhere.
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2 days ago
Laos to ban crypto mining by early 2026
The government of Laos announced plans to prohibit cryptocurrency mining by early 2026, citing growing energy constraints and environmental impact. The decision follows complaints about power usage and pressure on hydroelectric resources. Several small mining farms have already been shuttered under local orders. The ban may affect Southeast Asia’s nascent crypto infrastructure as miners shift operations elsewhere.
neutral
Laos to ban crypto mining by early 2026
2 days ago
1 min read
57 words
Laos to outlaw crypto mining operations by early next year.
The government of Laos announced plans to prohibit cryptocurrency mining by early 2026, citing growing energy constraints and environmental impact. The decision follows complaints about power usage and pressure on hydroelectric resources. Several small mining farms have already been shuttered under local orders. The ban may affect Southeast Asia’s nascent crypto infrastructure as miners shift operations elsewhere.
The government of Laos announced plans to prohibit cryptocurrency mining by early 2026, citing growing energy constraints and environmental impact. The decision follows complaints about power usage and pressure on hydroelectric resources. Several small mining farms have already been shuttered under local orders. The ban may affect Southeast Asia’s nascent crypto infrastructure as miners shift operations elsewhere.