[Malaysia's National Power Company Suffers Over $1 Billion Loss Due to Electricity Theft for Cryptocurrency Mining] The Malaysian Ministry of Energy disclosed that between 2020 and August 2025, the state-owned utility company Tenaga Nasional Bhd (stock code: TENA.KL) incurred economic losses of approximately 4.6 billion ringgit (about $1.11 billion) due to illegal electricity usage by cryptocurrency miners. In a written parliamentary reply released on November 18 (UTC+8) by the Ministry of Energy and Natural Resources, it was revealed that 13,827 locations were found to have engaged in illegal electricity usage for cryptocurrency mining during this period. Although Malaysia currently lacks specific regulations governing cryptocurrency mining, the Electricity Supply Act explicitly states that tampering with electricity meters or unauthorized wiring for electricity usage is illegal. The National Power Company has collaborated with the police, communication regulators, and anti-corruption agencies to seize multiple Bitcoin mining machines at the related locations.