The Chinese Embassy in Angola has cautioned its citizens and entities operating within the country to refrain from engaging in cryptocurrency mining activities. This advisory follows the implementation of a new law in Angola, which prohibits cryptocurrency mining and categorizes it as a criminal offense. Under this legislation, individuals found involved in such activities could face severe penalties, including imprisonment for up to 12 years. Additionally, possession of mining equipment is also subject to legal consequences, with potential sentences of up to five years.

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