カテゴリー: Norway

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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Sweden Expects to Attract Norwegian Bitcoin Miners After Brutal Tax Hike

Sweden Expects to Attract Hoards of Norwegian Bitcoin Miners After Brutal Tax HikeWith Norway set to revoke electricity subsidies for cryptocurrency miners from January 2019 onward, Swedish data centers are anticipating a wave of inquiries from mining companies seeking to domicile in Sweden. Also Read: Silk Road Fake Murder Mystery May Be Solved Data Centers See Demand from Miners Leaving Norway Local media outlets have reported that Sweden’s […]

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Norway Revokes Mining Subsidies, Bitmain Opens Washington Facility

Norway Revokes Mining Subsidies, Bitmain Opens Washington FacilityIn mining news, Norway will revoke electricity subsidies currently available to cryptocurrency miners at the start of next year. Also, Bitmain has opened a 12 megawatt data center in East Wenatchee, Washington, and Bitfury has announced new additions to its advisory board and board of directors. Also Read: Markets Update: Dump Drives Record BTC Volume on […]

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Norwegian Startup Bitruption Plans to Launch a Localbitcoins Competitor

Norwegian Startup Bitruption Plans to Launch a Localbitcoins CompetitorOn Nov. 4, a Norwegian startup announced the launch of a new peer-to-peer marketplace called Bitruption. Similar to Localbitcoins, the Bitruption exchange plans to offer a format under which users around the world will be able to advertise, buy and sell digital currencies for local fiat. Also Read: Bitcoin Ownership: Your Private Keys to Financial Sovereignty […]

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World’s Biggest Banks Helped Clients Steal $63 Billion in Taxes in Europe

World's Biggest Banks Help Clients Steal $63 Billion in Taxes in EuropeEurope’s top banks allegedly helped wealthy clients across the continent steal 55 billion euros ($63 billion) from multiple governments by making tax reclaims to which they were not entitled, an investigation has revealed. The theft centred around a complex scheme of trading stocks that also involved hedge funds and large international commercial law firms. Also […]

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Northern Bitcoin, Rawpool Sign Wallet and Mining Deal

Bitcoin Cash Miner Rawpool Agrees Wallet, Mining Deal With German's Northern BitcoinGermany’s Northern Bitcoin AG (MUN:NB2) has agreed to offer Bpal Wallet, a wallet and payments app created by China-based Rawpool Group, in the European market. The agreement between the Munich-listed company and the bitcoin cash (BCH) miner, effective from today, also covers mining operations and cryptocurrency exchanges. Shares of Frankfurt-based Northern Bitcoin AG rose 2.8 percent […]

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Norway Establishes New Rules for Crypto Service Providers

Norway Establishes New Rules for Crypto Service ProvidersThe Financial Supervisory Authority of Norway is enforcing new money laundering regulations that apply to crypto exchange and storage providers in the country. The law will go into effect on Oct. 15 and will affect companies established in Norway including branches of overseas companies. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals […]

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Northern Bitcoin Ag Lists on Munich Stock Exchange Mid-Tier Market

Northern Bitcoin Ag Lists on Munich Stock Exchange Mid-Tier MarketGerman bitcoin mining company, Northern Bitcoin AG, has migrated to a section of the Munich Stock Exchange that caters for medium-sized enterprises. The M:Access is regarded as a key market for companies seeking to improve transparency, accountability and to gain wider access to new money. Since April 2015, the company has been listed on the […]

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