Norway Wants to Restrict Crypto Mining by Regulating Data Centers, Lawmakers Say: Report
Summary
Norway's government is introducing a law to regulate data centers, partly to prevent energy-intensive cryptocurrency mining. The law will require data center operators to register with local regulators. Digitalization Minister Karianne Tung and Minister for Energy Terje Aasland have expressed their opposition to cryptocurrency mining due to its association with large greenhouse gas emissions. Norway, which is not part of the European Union, previously supported Sweden's unsuccessful attempt to ban crypto mining over energy concerns. Sweden has also increased taxes for data centers to discourage crypto miners.
