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.
“We are in a completely different situation in the power market now than when the reduced rate for data centers was introduced in 2016,” said Norway's finance m...
Norway’s government proposes eliminating reduced electricity tax for Bitcoin miners
A municipality in Norway is using all means necessary to avoid “energy-sucking” Bitcoin miners establishing further operations, citing noise complaints and ener...
Norwegian town wants 'noisy' Bitcoin miner out — CEO responds
The prototype infrastructure for Norway’s central bank digital currency is based on Ethereum, the Norges Bank officially stated.
Norwegian central bank uses Ethereum to build national digital currency
Paolo Ardoino, chief technology officer of Bitfinex and Tether, made the case that Tether is a tool for human rights during the World Economic Forum in Davos, S...
Tether is an ‘instrument of freedom’ and 'Bitcoin onramp,’ says Tether CTO
The proposal to ban Bitcoin mining in Norway was rejected in a vote by the Norwegian Parliament on Tuesday.
Bitcoin mining in Norway gets the green light as the proposed ban rejected
Norway’s Bitcoin mining credentials are impressive: The small European country hosts 0.77% of Bitcoin’s hash rate using 100% green, renewable energy.
'Green oasis' for Bitcoin mining: Norway has almost 1% of global BTC hash rate
According to a recent survey from Arcane Research, the number of Norwegian women that own cryptocurrency has doubled from 3% to 6% in just one year.
Crypto ownership among Norwegian women doubles, mirroring global trends