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Norway to Regulate Energy-Intensive Crypto Mining Activities

From financemagnates.com

Norway plans to regulate cryptocurrency mining activities in the country by restricting data centers. Two government officials intend to propose a new law that will bring the data center industry under regulatory oversight for the first time in Norway. According to the media outlet VG, Norway's Digitalization Minister Karianne Tung and Energy Minister Terje Aasland mentioned that this initiative is driven by the government's desire to control and limit projects deemed undesirable, such as cryptocurrency mining, which is associated with significant greenhouse gas emissions. Norway will become the first country in ... (full story)

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