Angola Parliament Approves Ban on Crypto Mining, Angop Says

Angolan lawmakers approved a proposal to ban and criminalize the mining of cryptocurrencies in the African nation, state-owned news agency Angop reports.

• The bill establishes a prison sentence of 1-5 years for anyone who is caught with a computer and other material for mining cryptocurrencies
• The ban aims to safeguard Angola’s national energy security

To contact the reporter on this story:
Henrique Almeida in Lisbon at halmeida5@bloomberg.net

To contact the editors responsible for this story:
Joao Lima at jlima1@bloomberg.net

Dave Liedtka

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