The post Bitcoin Mining Crackdown: Mexico City Lawmaker Targets Electricity Theft appeared first on Coinpedia Fintech News
A Mexico City lawmaker has proposed tough new penalties for people who steal electricity to mine cryptocurrency. Alberto Martínez Urincho wants to amend Mexico’s Federal Criminal Code so that illegal power use for mining carries a prison term of 5 to 12 years, Publimetro reported. Offenders would also face fines of 1,000 to 3,000 UMA …