Norway Prepares to Reverse Electricity Tax Cut for Cryptocurrency Miners

Norway Prepares to Reverse Electricity Tax Cut for Cryptocurrency MinersThe Norwegian government is reviewing a proposal to abolish the policy of preferential tax treatment for data centers mining cryptocurrency with cheaper electricity. The executive power in Oslo says conditions have changed and the country needs the energy currently used by miners. Mining Firms Likely to Lose Tax Incentive as Norway Seeks to Save Power, […]

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Norway Releases Source Code for Digital Krone Sandbox, Utilizes Ethereum Technology

Norway Releases Source Code for Digital Krone Sandbox, Utilizes Ethereum TechnologyA crypto company working with the central bank of Norway has published the source code for the sandbox created to trial the digital version of the Nordic nation’s fiat currency. The prototype digital krone is being built on the Ethereum network and the regulator wants to test various technologies and evaluate the potential impact on […]

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Proposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament

Proposed Crypto Mining Ban in Norway Fails to Gain Support in ParliamentA push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by the majority of lawmakers. The ban had been suggested by the far-left Red Party which also didn’t win backing to raise an electricity tax for crypto miners. Norway Will Not Ban Bitcoin Mining The parliament of Norway has considered […]

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Norwegian Financial Regulator Cautions About Bitcoin Investing as Price Tumbles

Norwegian Financial Regulator Cautions About Bitcoin Investing as Price TumblesThe 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 of investment for consumers,” the regulator’s consumer coordinator wrote. Norway’s Financial […]

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Norwegian Oil Billionaire Says BTC Could Be Worth Millions of Dollars Each — Puts Liquid Company Assets in Bitcoin

Norwegian Oil Billionaire Kjell Inge Rokke Says BTC Could Be Worth Millions of Dollars Each — Keeps Liquid Company Assets in BitcoinBillionaire Kjell Inge Rokke’s company, Aker, has established a new business dedicated to bitcoin. Rokke believes that bitcoin could “become the core of a new monetary architecture” and each coin could be “worth millions of dollars.” His new company “will keep all its liquid investable assets in bitcoin.” Norwegian Public Company Gets Into Bitcoin Norwegian […]

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Hive Criticizes Norwegian Government Amid Concession Cuts to Miners

Hive Criticizes Norwegian Government Amid Concession Cuts to MinersHive Blockchain Technologies has published an update regarding the company’s response to the Norwegian Parliament’s recent approval of a legislative bill that will restrict cryptocurrency miners from accessing the tax relief on electricity consumption available to other power-intensive industries. The release criticizes the government’s “unilateral” move to suspend the subsidy without consulting with representatives of […]

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Two Norwegian Miners Scrutinized for Low Taxable Incomes

Two Norwegian Miners Scrutinized for Low Taxable IncomesTwo Norwegian cryptocurrency miners have garnered national media attention after declaring taxable incomes of less than $20,000 USD despite having admitted to owning at least 34 bitcoins during December of last year. Also Read: GPU Manufacturing Giant Nvidia Leaves Crypto Mining Reported Incomes of Two Norwegian Crypto Miners Subject of National Scrutiny Twenty-two-year-old cryptocurrency miners from […]

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Norwegian Mining Company Receives Bomb Threat in Escalating Noise Complaint

Norwegian Mining Company Receives Bomb Threat in Escalating Noise ComplaintKryptovault, a Norwegian company specializing in “large-scale cryptocurrency mining and data center operations,” has recently received a bomb threat amid escalating noise complaints pertaining to its virtual currency mining. Also Read: Funds Frozen, Account Closed: UK Banks Target Cryptocurrency Owners Norwegian Cloud Mining Company Receives Bomb Threat Norwegian mining and data center company, Kryptovault, has reportedly […]

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Norway and England Contemplate Central Bank-Issued Cryptocurrencies

Norway and England Contemplate Central Bank-Issued CryptocurrenciesThe central banks of Norway and England have published reports exploring different models for central bank-issued cryptocurrencies. By contrast, Federal Reserve governor, Lael Brainard, recently expressed her opposition to central bank cryptocurrencies – claiming that such would result in broad “macroeconomic consequences.” Also Read: Chilean President Considering Regulation of Cryptocurrencies Decline of Cash Prompts Norwegian Central […]

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PR: Parsec Frontiers Opens Doors to New Galaxies with Its ICO

Parsec Frontiers Opens Doors to New Galaxies with Its ICOThe popularity of massive multiplayer online games and virtual worlds has grown tremendously during the last 20 years, and some of the largest services have seen tens of millions of users. Now you have the opportunity to take part in the creation of the exciting blockchain universe that opens new galaxies for you.

Last Tuesday, the first Nordic blockchain game ICO commenced following on from a successful pre-sale earlier this year.

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