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Norway Mulls Backing Sweden’s Call for Euro Ban on Crypto Mining
19.11.2021
The government in Norway is considering ways to limit the environmental impact of cryptocurrency mining and may support Swedish proposals to that end, including a European ban on proof-of-work mining. The European Commission has revealed it is already working to promote a transition to “more...
Bitcoin Price to Face Another Test as Central Banks Eye Rate Hikes
24.9.2021
t central bank in a Western developed nation to do so following the onset of the pandemic, Norway’s central bank, the Norges Bank, this week hiked its interest rate from 0% to 0.25%, citing a need to “begin a gradual normalization of the policy rate” as the economy is “normalizing.” “The
Binance Discontinues Support for Norwegian Krone Pairs, Payments and Language
28.8.2021
Cryptocurrency exchange Binance is discontinuing certain offerings in Norway. The news comes amid regulatory pressure around the world which the global trading platform is working to address. The company is also dropping Norwegian from its website’s language options. Crypto Exchange Binance...
Norwegian Financial Regulator Cautions About Bitcoin Investing as Price Tumbles
24.6.2021
The Financial Supervisory Authority of Norway (Finanstilsynet) has cautioned investors about investing in cryptocurrencies as the price of bitcoin plunged Tuesday. “There is a strong need for a legal framework and investor protection if cryptocurrency is to be able to become a suitable form...
Norwegian FSA sees urgent need for crypto investor protection
22.6.2021
Norway’s Financial Supervisory Authority says it only supervises crypto companies for money laundering
Norway Finance Minister Sees Great Interest in Cryptocurrency — Says Bitcoin Could See ‘Breakthroughs’
7.6.2021
The finance minister of Norway believes that bitcoin may experience “breakthroughs.” He noted that “There is no doubt that there is great interest in cryptocurrency both in Norway and internationally.” Bitcoin May See Breakthroughs, Says Finance Minister of Norway...
HIVE Blockchain sells Norwegian data mining center, citing loss of government subsidies
10.5.2021
Executive chair Frank Holmes described the sale as “unfortunate” but approved of the community continuing to find uses for the property
Norway to start digital currency tests after four years of research
23.4.2021
The Norwegian central bank aims to find a preferred CBDC solution through new technical tests
Norwegian authorities urge crypto users to declare earnings on upcoming return
21.4.2021
"Our experience is that most people will follow all laws and regulations, and we will help those who invest in crypto to do it right," said Marius Johansen
Billionaire FOMO: Famed Norwegian Billionaire Investor Capitulates After Seeing Another Embrace Bitcoin
4.4.2021
Norwegian billionaire Øystein Stray Spetalen, who once called bitcoin “nonsense,” has reportedly capitulated and invested in the cryptocurrency after seeing another billionaire in Norway embracing bitcoin. He has also invested in a local crypto exchange. “When the facts...
Norwegian billionaire ditches skepticism, invests in local crypto exchange
29.3.2021
Norwegian billionaire investor Øystein Stray Spetalen made a 180° reversal in his opinions about cryptocurrency this month and now part-owns domestic crypto exchange MiraiEx
Norway’s Fourth-Richest Man Invests in a Crypto Mining ASIC Manufacturer
13.3.2021
According to regional reports, the Norwegian billionaire and hedge fund manager, Ole Andreas Halvorsen, is investing funds into an energy-reducing cryptocurrency mining chip hardware company. The company Norway’s fourth richest man is investing in claims to build application-specific...
Report: Bitcoin Mining Firm Northern Data AG Plans for a $500 Million IPO
24.2.2021
While the public prepares for the upcoming Coinbase public offering, the mining firm Northern Data AG is reportedly planning to go public as well. Sources say that the mining business is in talks with Credit Suisse Group to launch an initial public offering (IPO) in the United States. Report:...
Record-Low Electricity Prices in Sweden Make It ‘a Lucrative Place’ to Mine Bitcoin, Says Report
1.1.2021
Bitcoin miners are finding the Nordic lands a profitable opportunity to boost their revenues due to a plunge in electricity prices at the cheapest levels than any other well-known places for crypto mining. Bitcoin Miners Could Find ‘Lucrative’ Opportunities in Norway and Sweden...
Norway Central Bank Official Says ‘No Acute Need’ to Introduce a Digital Currency
9.11.2020
The deputy governor of the Norges Bank said there's no urgent need for the nation to launch a digital krone in a speech Thursday
Only 4% of Norway uses cash as country evaluates CBDC, Norges Bank exec says
6.11.2020
Cash usage has declined in Norway since COVID-19, but physical currency also carries strengths that CBDCs may lack
Bitfury forms MaaS partnership to upgrade $35M Norway data center
4.11.2020
The crypto mining firm's 42-megawatt data center near Mo i Rana is reportedly already powered by 100% renewable energy
Craig Wright Won't Need to Pay Hodlnaut $60K Until Appeal Is Over, Says Counsel
14.8.2020
Craig Wright will not pay legal costs for a suit against Hodlonaut until a Supreme Court appeal is decided
Investment Firm Arcane Crypto to Go Public via $33 Million Reverse Merger
3.7.2020
Arcane Crypto, a Norway-based investment company, said Thursday that it is planning to go public through a reverse takeover by Vertical Ventures, a publicly traded Swedish firm. Vertical Ventures will buy Arcane Crypto for $33 million by issuing over 6.6 billion new shares. Each share cost $0.005...
From Sea to Table: Norway’s Seafood Industry Hooks Into IBM Blockchain
25.6.2020
Norwegian seafood producers seek to prove high-quality and fully traceable fish products through blockchain despite the technology’s drawbacks