Loopholes fuelling crypto electricity theft


Photo: AZMAN GHANI/The Star

PETALING JAYA: Malaysia’s cryptocurrency mining activities continue to operate in a regulatory grey zone, raising alarm among experts who say loopholes in the law have fuelled rampant electricity theft and unchecked power consumption.

Although billions have already been lost to mining operations, there is still no clear framework that defines how and where crypto mining should be carried out, the experts said.

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