Digging experiment project on crypto; request to applying for a power purchase agreement with a company that offers high electricity price conditions for use in data processing activities or crypto currency

Published by: Open Development Laos

Prime Minister's Office announced 6 companies was authorized to mine, use and trade crypto currency in Lao PDR based on the Prime Minister's direction on the 9th September 2021. The 6 companies namely: 1. Wap Data Technology Laos, 2. Phongsubthavy Road & Bridge Construction Co., 3. Sisaket Construction Company Limited, 4. Boupha Road-Bridge Design Survey Co., Ltd., 5. Joint Development Bank, and 6. Phousy Group.

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Digging experiment project on crypto

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Additional Info

Field	Value
Geographic area (spatial range)	Lao People's Democratic Republic
Document reference #	#1158/PMO
Issuing agency/parties	Prime Minister
Implementing agencies	Bank of the Lao PDR Ministry of Energy and Mines Ministry of Finance Ministry of Planning and Investment Ministry of Technology and Communications
Language	Lao
Formal type of document	Notice
Topics	Banking and financial services Mining
License	No license given
Copyright	No
Status	Framework agreement signed
Adoption date/Enacted/Promulgation date/Signing date	September 9, 2021
Effective/Enforced Date	September 9, 2021
Publication reference	Digging experiment project; request to applying for a power purchase agreement with a company that offers high electricity price conditions for use in data processing activities or crypto currency,#1158,date 09.09.2021.2pages
Links to source	https://www.allinlaos.com/2021/09/41423/?fbclid=IwAR2JjFmhyre89xRld9Dk4XYXUdoJzLXAZ0orquiXZNK_U0VuV1mCd8OLbhY
Keywords	cryptocurrency,digital trade,ເງິນຄຣິບໂຕ
Date uploaded	November 28, 2021, 11:11 (UTC)
Date modified	November 10, 2022, 08:15 (UTC)