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Laos Suspends Power Supply to Cryptocurrency Mining Businesses

Electricite du Laos (EDL) has announced that it will no longer supply electricity to cryptocurrency mining operations in Laos, citing long-term outstanding debts.The notice, issued by EDL on Wednesday, states that Laos experienced drought conditions during the first six months of 2023, with extreme heat causing ...

Manyphone Vongphachanh

Bank of Laos Warns Public Against Use of Cryptocurrencies

The Bank of Laos (BOL) has issued a notice warning the public against the use of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, which are unregulated currencies that are not tied to physical cash reserves.More ...

The Laotian Times

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