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Kosovo Moves to Ban Crypto Mining in Face of Energy Crisis
The government had declared a 60-day state of emergency, allowing it to allocate more money for energy imports and introduce power cuts.
Updated May 11, 2023, 6:33 p.m. Published Jan 4, 2022, 4:35 p.m.
The Republic of Kosovo will ban cryptocurrency mining as a means of tackling its energy crisis.
- Artane Rizvanolli, the eastern European country’s economy minister, acted on the advice of the Technical Committee for Emergency Measures in Energy Supply on Dec. 31 as part of a set of relief measures.
- The measures include the “prohibition of the production of cryptocurrencies throughout the territory.”
- The government declared a state of emergency in December lasting for 60 days, allowing it to allocate more money for energy imports and introduce power cuts, according to a report by the Gazeta Express.
- The move is similar to that taken by Iran on Dec. 28 to ban crypto mining until March 6 in order to save power and avoid blackouts over the winter.
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What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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