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Norway to Target Cryptocurrency Mining Through Data Center Regulation


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


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...

Online Games Act Like Unregulated Banks, And The US Gov’t Has Noticed


A new report from the United States Consumer Financial Protection Bureau (CFPB)—an organization focused on enforcing the laws that protect consumers—indicates the bureau is aware of and monitoring big online video games that are filled with in-app purchases, digital currencies, and shady...

U.S. Sanctions Hezbollah Crypto Operator Linked to Terrorist Funding


A hawala operator who worked with agents from Hezbollah on cryptocurrency funding infrastructure has been sanctioned by the U.S. Treasury’s Office of Foreign Assets Control (OFAC), the federal agency announced Tuesday. Tawfiq Muhammad Said Al-Law is accused of providing digital wallets to...

Expert Clarifies No EU-Wide Ban on Anonymous Crypto Wallets


Industry expert Patrick Hansen clarified that the EU’s recent anti-money laundering (AML) law does not specifically target banning anonymous crypto accounts. The post Expert Clarifies No EU-Wide Ban on Anonymous Crypto Wallets appeared first on Cryptonews

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