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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

CJ: Dedicated court model works
Wedding package compensation claims on the rise
Easing financial hardships�
Perak SMEs to get technology upgrade boost with govt investment
Special Corruption High Courts may be expanded nationwide
Shattered dreams behind the bridal veil
Experts predict 6.3% EPF dividend
Flood situation worsens in northern Sabah as evacuees rise to 4,761
TB outbreak: Johor Ramadan bazaar SOPs unchanged, says exco rep
Bersatu crisis: Raub, Lipis divisions dissolved today

Others Also Read