CoinsValue.net logo CoinsValue.net logo
CryptoIntelligence 2024-04-16 18:55:04

Norway Implements Stricter Regulations on Data Centers, Targeting Bitcoin Miners

Norway has introduced new legislation aimed at regulating data centers, including those used for Bitcoin mining, by requiring them to officially register and disclose detailed information about their operations and leadership. This move positions Norway as the first European nation to implement such a regulatory framework, which is expected to provide local authorities with a clearer insight into the activities of data centers, thus enabling more informed decisions regarding their approval or rejection. “The purpose is to regulate the industry in such a way that we can close the door for the projects we do not want,” stated Terje Aasland,

Read the Disclaimer : Coinsvalue.net