BRIEF

Today's Brief
Economy  ·  22 hours ago

Malaysia cracks down on crypto mining

Malaysian authorities have arrested 629 individuals and seized over 75,000 crypto mining machines since 2022. The operation targets illegal power theft, which has caused significant losses for the national utility provider, Tenaga Nasional Bhd. The government is intensifying enforcement to prevent grid instability and financial damages caused by unauthorized mining operations.

1 source