Iceland – DIGIT INFO

Iceland’s Prime Minister Vows to Prioritize Food Security Over Bitcoin

DIGIT — Tue, 26 Mar 2024 04:00:53 +0000

Iceland’s Prime Minister Katrín Jakobsdóttir has vowed to focus more power on producing food internally while reducing the energy expenditure in data centers and bitcoin mining. Jakobsdóttir stated that while the country was working to achieve carbon neutrality, bitcoin and cryptocurrencies were “not part of that mission.” Iceland’s Prime Minister to Shift Power Away From […]

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Study Shows the United States Is Home to 41% of the NFT Companies Worldwide

DIGIT — Fri, 27 May 2022 20:30:38 +0000

According to a study called “A World of NFT Adoption” published by nftclub.com, the United States has the most non-fungible token (NFT) company headquarters in the world. While the U.S. captures more than 41% of the NFT companies worldwide, the second largest number of NFT startup locations stems from Singapore, as the country hosts over […]

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Iceland Refuses to Power New Bitcoin Farms Amid Electricity Shortages

DIGIT — Thu, 09 Dec 2021 12:00:33 +0000

Cryptocurrency mining is among several energy-intensive industries hurt by a power deficit in Iceland. The country’s main utility is now rejecting requests to connect new coin minting facilities to the grid, after cutting supply to aluminum smelters and fish factories. Iceland Turns Away New Crypto Miners to Deal With Lack of Energy Iceland’s largest utility, […]

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Iceland cuts power to new Bitcoin miners

DIGIT — Wed, 08 Dec 2021 05:35:41 +0000

Starting December 7, no new requests for power from Bitcoin mining operations will be accepted from the country’s energy utility service.

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Norway Mulls Backing Sweden’s Call for Euro Ban on Crypto Mining

DIGIT — Thu, 18 Nov 2021 23:30:13 +0000

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 sustainable” protocols. Extensive Use of Renewable Energy for Mining Is […]

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Cryptocurrency Airdrops and Giveaways: What They Are and What’s Next

DIGIT — Thu, 05 Mar 2020 21:30:08 +0000

There are a number of ways people can obtain cryptocurrencies and one of them is through airdrops, a type of distribution where creators send free coins to numerous crypto wallet addresses in order to drive adoption. Airdrops have been leveraged for years and token distributors believe that it’s a great way to disburse coins fairly […]

The post Cryptocurrency Airdrops and Giveaways: What They Are and What’s Next appeared first on Bitcoin News.

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Ripple Acquires Crypto Trading Firm to Expand Into Iceland

DIGIT — Mon, 30 Sep 2019 10:13:00 +0000

Ripple acquires Icelandic crypto trading firm Algrim

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Prasos Secures Payment Institution License From Finnish Watchdog

DIGIT — Fri, 12 Jul 2019 18:35:00 +0000

Cryptocurrency firm Prasos has received a license from the Finnish Financial Supervisory Authority, allowing for more widespread service through its Coinmotion platform

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Iceland’s Financial Regulator Approves Blockchain-Powered E-Money Firm

DIGIT — Fri, 14 Jun 2019 19:01:00 +0000

Financial Supervisory Authority, the single financial regulator in Iceland, has approved the first DLT-based electronic money firm Monerium

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US Crypto Exchange Coinbase Launches Paypal Withdrawals Support for EU Users

DIGIT — Tue, 05 Feb 2019 13:46:00 +0000

Major U.S. crypto exchange and wallet provider Coinbase is launching support for European Union residents to make fiat currency withdrawals to online payment system PayPal

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