Swedish Regulators Contact for a Ban on Cryptocurrency Mining

China is no lengthier by yourself in thinking cryptocurrency mining really should be banned: Sweden’s Monetary Supervisory Authority and Environmental Safety Agency lately known as for mining to be banned because of to its environmental affect.

The regulators didn’t mince words in a statement published on November 5 titled “Crypto-property are a risk to the weather changeover – vitality-intensive mining ought to be banned.” (Hat-tip to Fortune.) In it, the Fiscal Supervisory Authority and Environmental Defense Agency criticized miners’ designs to use renewable vitality: