In my thought There are no limitations in Luxembourg on the mining of cryptographic money, given that the creation of such virtual monetary standards/crypto-resources doesn't fall inside the extent of a particular legal authorizing commitment.
Financially, Luxembourg is an exceptionally evolved country, and the degree of GDP per capita is extremely high. From this article, I comprehended that Luxembourg is attempting to build up guidelines for digital currencies in the nation to battle the utilization of digital currencies in psychological oppression and illegal tax avoidance. This is something positive. Rather than blaming digital currencies for financing illegal intimidation and tax evasion, it is smarter to set laws that control cryptographic forms of money and forestall their utilization in psychological oppression and illegal tax avoidance too. Luxembourg did.
thank's
The way I read the article or the laws provided by Luxembourg regarding cryptocurrencies I don't see them stepping up on anything but rather just identifying cryptocurrencies and which laws applied to them like how they have applied the necessary AML laws and regulations for the Virtual Asset Service Providers they will have. Luxembourg isn't really known to be a crypto hub or anything that has focused on the crypto industry, they are just preparing for it with their laws if their citizens started to have a demand for it.