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Norway’s CBDC Timeline Clouded by Expert Committee’s Bold Advice
16.11.2024
A Norwegian expert committee advising lawmakers has recommended no immediate need to adopt a central bank digital currency (CBDC). Despite the declining use of cash, which dropped to just 2% of transactions at physical points of sale during the pandemic, the committee emphasized cash’s importance...
Norway supports MiCA, considers CBDC for financial stability
9.11.2024
Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway
An Arctic Circle Bitcoin Mine Will Heat a Building in a Fishing Village
28.10.2024
Sazmining launches a bitcoin (BTC) mine in Norway that will heat a building, aiming to demonstrate sustainable mining benefits despite past regulatory concerns
Norway’s Central Bank on CBDC Progress: We’re Not Falling Behind
24.10.2024
Norway’s central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but officials stress there’s no urgency. Despite Norway’s cashless society, with only 2% using cash, the bank is carefully studying both retail and wholesale CBDC options, emphasizing...
Closure of Bitcoin Mining Center Causes Spike in Power Bills for Citizens in Norwegian Municipality
15.9.2024
The recent closure of a Bitcoin data center in the Norwegian municipality of Hadsel has resulted in power hikes for citizens due to the inability to allocate the energy used by the operation to other purposes. While citizens and Hadsel’s mayor celebrated this development because of the noise...
Norway town campaigns to close Bitcoin mine, electricity costs jump 20%
15.9.2024
The Noranett network manager estimates that, following the Bitcoin mining closure, the average household in Hadsel could face an additional annual cost equivalent to $280 USD
Norway town campaigns to close Bitcoin mine, electricity costs jump 20%
15.9.2024
The Noranett network manager estimates that, following the Bitcoin mining closure, the average household in Hadsel could face an additional annual cost equivalent to $280 USD
World’s largest sovereign wealth fund Bitcoin exposure not 'intentional'
17.8.2024
If the fund was aiming to increase its Bitcoin exposure there would be more “evidence of direct exposure initiatives,” according to an analyst
World’s largest sovereign wealth fund Bitcoin exposure not ‘intentional’
17.8.2024
If the fund was aiming to increase its Bitcoin exposure, there would be more “evidence of direct exposure initiatives,” according to an analyst
Bitcoin falls under $60K as investors' global economic slowdown concerns rise
14.8.2024
Fear of a global economic recession continues to drive investors away from risk-on assets like Bitcoin
Norwegian Sovereign Wealth Fund Holds Btc Worth Us$149.48 Million
14.8.2024
The Norwegian sovereign wealth fund holds BTC which is nearly worth US$149.48 Million. Norwegian sovereign wealth fund’s (NBIM)…
Bitcoin miners troubled by fresh legislation in Norway
17.4.2024
Bitcoin miners in Norway are seemingly extremely troubled by the fresh set of legislations being passed, which will come with more stringent rules about the data centers that are running their businesses in the country. As per the legislation, it is now mandatory to formally register all data...
Norway to Target Cryptocurrency Mining Through Data Center Regulation
17.4.2024
Norway has recently announced its intention of enacting a data center-focused law, which seeks to exert more control over the operations performed at these locations. One of the objectives behind this move would be to crack down on data centers hosting cryptocurrency mining operations, as it is...
Norway’s New Data Center Law Raises Concerns for BTC Miners
16.4.2024
According to a report on April 15, The Norwegian government is proposing a new legislation to control data centres across the country and oversee the operations of Bitcoin miners. According to the law, every data centre must register with the relevant authorities and submit comprehensive...
Norway Wants to Restrict Crypto Mining by Regulating Data Centers, Lawmakers Say: Report
15.4.2024
Energy-intensive crypto mining is an example of a type of business not wanted in Norway, Minister for Energy Terje Aasland reportedly said
Craig Wright Drops Norwegian Defamation Appeal Over Satoshi Nakamoto Claims
12.4.2024
Craig Wright, an Australian computer scientist who claims to be bitcoin founder Satoshi Nakamoto, has dropped his appeal in a Norway defamation case against well-known X user Hodlonaut (a.k.a. A Marcus Granath), a statement posted to X Thursday by Bitcoiner alleges. News of Wright's failed appeal...
Craig Wright Drops Appeal Against Hodlonaut in Norway
11.4.2024
Wright’s decision to drop his appeal comes a month after a U.K. court ruled that he was not Satoshi Nakamoto
BitPanda Secures Virtual Asset Service Provider License in Norway, Pioneering European Exchange
19.10.2023
Bitpanda, the largest European cryptocurrency exchange, has announced that it has secured a license to offer virtual asset services (VASP) in Norway, expanding its regulatory approvals.
On October 19, the Vienna-based cryptocurrency exchange, Bitpanda, announced the latest milestone on...
Bitpanda receives a VASP license in Norway
19.10.2023
Bitpanda has announced a significant advancement in the market of Norway. The venture has said that it is now officially the first non-local firm to receive a VASP license in the region, allowing it to strengthen its position in Europe. Bitpanda will now be able to introduce a safe and secure...
BitPanda crypto exchange gets license in Norway amid European expansion bid
19.10.2023
BitPanda already holds a license in Austria, Germany, France, the Czech Republic and Sweden