News
Authorities in Norway allege that the creators of a crypto scheme laundered $62 million through the accounts of a local law firm.
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Norway News
The Kingdom of Norway is a unitary country in the Scandinavian Peninsula and several islands with an area on 385 thousand kilometers and a population of 5.3 million people. Norway is one of the wealthiest countries in the world in terms of income per capita. It is also high in such indexes as democracy, happiness and education. Most Norwegian exports are based on petroleum, but also include agriculture, heavy machinery and chemical products. Cryptocurrencies are legal in Norway and the taxation system of Norway applies to Bitcoin. Bitcoin profits are a subject of wealth tax and usage of Bitcoin is performed under sales tax regulations. Bitcoin’s definition in Norway is an asset and not any type of money. High technological development and the liberal market of the country made Norway a blockchain startup-welcoming place.
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Fear of a global economic recession continues to drive investors away from risk-on assets like Bitcoin.
18187 - Opinion
If I had to choose one Bitcoin conference to attend, it would be the Oslo Freedom Forum — and it's technically not even about Bitcoin.
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Bitpanda already holds a license in Austria, Germany, France, Czechia and Sweden.
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A pro-Bitcoin nonprofit says it will flag potential civil liberty concerns as more countries are expected to develop CBDC technology.
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International regulation may be too slow and may represent interests that are not in line with Norway’s, Norges Bank suggests in an annual report.
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