Malaysian Authorities Crack Down on Illegal Bitcoin Mining
- Lyla Velez
- December 4, 2025
- News
- 0 Comments
- Main event, leadership changes, market impact, financial shifts, or expert insights.
- Deputy Minister Akmal heads the crackdown.
- Over $1 billion in electricity losses reported.
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Deputy Minister Akmal Nasrullah Mohd Nasir leads Malaysia’s multi-agency crackdown on illicit Bitcoin mining, initiated on November 19, 2025, to address electricity theft and utility losses exceeding $1 billion across numerous sites.
Authorities’ actions aim to curb electricity theft affecting energy stability, as Malaysia struggles with compliance under volatile market conditions, reflecting wider global regulatory challenges.
A newly formed taskforce, led by Akmal Nasrullah Mohd Nasir, is actively addressing illegal Bitcoin mining in Malaysia. Since November 19, measures have sought to tackle over $1 billion in power theft impacting Tenaga Nasional Berhad (TNB).
The focus on Bitcoin miners highlights the broader energy theft issue. Malaysian authorities employ technologies such as drones to locate illegal setups. Despite these efforts, miners use covert techniques to evade detection, complicating enforcement.
The crackdown has implications for not only the energy sector but also local economies. Utility company TNB has been significantly impacted, influencing market dynamics and prompting discussions on legal frameworks for mining activities.
“Even if managed properly, the inherent volatility of the market poses challenges,” expressed Akmal Nasrullah Mohd Nasir, highlighting skepticism about legal mining success.
Experts in the financial and political sectors voice concerns about the current regulatory environment’s ability to manage such illegal operations. Official statements suggest challenges remain despite efforts to tackle illicit activities amid market instability.
Historically, Malaysia’s experience with illegal mining reflects a global challenge in balancing technological advancement with regulatory compliance. Industry experts highlight the ongoing cat-and-mouse game with miners, emphasizing the need for adaptable oversight strategies.
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