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Norway Passes New Legislation Requiring Formal Registration of Cryptocurrency Data Centers

15/04/2024 20:28

According to Foresight News, Norway has passed new legislation related to cryptocurrency data centers. The new law will require all data centers in the country to formally register, including providing information about their owners, leaders, and the types of digital services they offer. This makes Norway the first European country to establish such a framework. Norwegian Energy Minister Terje Aasland stated that through the new legislation, the government hopes that political figures will have a better understanding of the data centers in their cities. This will provide a better basis for accepting or rejecting their operations.

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