Norway’s New Law Targets Bitcoin Mining Firms: Critics React to Impending Ban

Despite the pushback from critics, Norway remains steadfast in its decision to regulate cryptocurrency mining, particularly Bitcoin mining. The new law aims to prioritize socially useful services and infrastructure in terms of energy allocation, which excludes crypto mining from the list of approved industries.

As the debate continues to unfold, it remains to be seen how this new legislation will impact the cryptocurrency mining industry in Norway and whether other countries will follow suit in implementing similar regulations.

Stay tuned for more updates on this developing story.