2022-10-6 18:15 |
"We are in a completely different situation in the power market now than when the reduced rate for data centers was introduced in 2016," said Norway's finance minister.
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The Norwegian Government Pension Fund, commonly known as the Oil Fund, has indirect exposure to Bitcoin that rose by 62% during the first half of this year to the equivalent of 2,446 BTC, according to the Senior Analyst at K33 Research Vetle Lunde.
Regulators in Norway are looking to clamp down on cryptocurrency mining via a new law for data centers operating in the nation. According to a report from local media VG, the new framework will mandate that data centers register officially…
The Norwegian government has enacted a new law aimed at reining in the burgeoning industry of crypto mining. The law, disclosed in a report by local news outlet VG on Monday, signals Norway’s resolve to regulate and potentially shutter cryptocurrency mining operations within its borders.
Norway’s online casino market faces increased scrutiny Lotteritilsynet oversees banks to enforce a ban on transactions with illegal online casinos in Norway. EGBA urges Norway to adopt a licensing model for online gambling, citing the need for diversity and player safety.
The seized funds will be used to reimburse affected users and help prevent North Korea from funding its nuclear weapons program.
The Sydney-based Arkon Energy secured $28 million in a recent funding round to expand its renewable energy Bitcoin mining operations despite the volatile market.