Venezuela shuts down crypto mining amenities, exchanges amid corruption probe

Venezuela’s power provider has shut down crypto mining amenities all through the nation as a part of a reorganization of the nationwide crypto division and ongoing corruption investigations involving the nation’s oil firm.

In accordance to native media reviews, crypto mining corporations, and tweets from Venezuela’s Nationwide Affiliation of Cryptocurrencies, mining amenities had been shut down previously days within the states of Lara, Carabobo and Bolívar. It’s unclear what number of crypto companies had been affected. Some crypto exchanges had been additionally ordered to stop operations.

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