Canada has introduced the Energy Amendment Bill on October 20, 2025, aiming to permanently ban new cryptocurrency mining facilities. The legislation seeks to restrict electricity supply to both AI and crypto mining operations to manage rising power demand. The bill prohibits connecting new crypto mining operations to the grid, addressing concerns over potential grid overload and increasing energy tariffs. This initiative is part of Canada's broader strategy to prioritize traditional industries and ensure effective energy resource management.
Canada Moves to Permanently Ban New Crypto Mining Facilities
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