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.
Three national units of the Red Cross are backing a blockchain-based currency scheme to enhance aid delivery and boost local economies.
Red Cross Deploys Blockchain to Boost Communities’ Economic Resilience
The case of an attempted robbery that ended with a cryptocurrency multimillionaire jumping from his second-floor balcony will be heard in Norwegian courts next ...
Norwegian Bitcoin Millionaire Jumps From Balcony to Flee Armed Burglar
Nahmii, Hubii’s blockchain scaling platform, reports a major week, announcing an IEO and the first member of its governing association two years after Hubii’s t...
Hubii’s Nahmii Announces IEO and First Member of Governing Board
Norway’s Kjos family, co-founders of Norwegian Air, plans to add crypto payments once it launches its own exchange in August.
Bitcoin Payments Priority for Norwegian Air, Says Senior Executive
Cryptocurrency services firm Prasos has received a payment institution license from a Finnish regulator, allowing it to offer payment services in EEA countries.
Prasos Secures Payment Institution License From Finnish Watchdog
Opera has released the iOS version of its Ethereum-friendly mobile browser, with an Ethereum wallet and support for Ethereum-based dApps.
Opera Releases iOS Version of Its ‘Blockchain-Ready’ Mobile Web Browser
The blockchain project will present the results of a successful trial in the U.K., Estonia and Norway.
Blockchain Project for National Archives Reports Successful Trial for Audio-Visual Content