Norway


Markets

World’s Largest Sovereign Wealth Fund Has Indirect Bitcoin Exposure of More Than $355M

Norway’s sovereign wealth fund saw a 153% year-over-year increase in indirect bitcoin exposure in 2024, according to K33 Research.

Norges Bank Investment Management (NBIM) sees non direct bitcoin exposure soar past $350 million (Shutterstock)

Finance

An Arctic Circle Bitcoin Mine Will Heat a Building in a Fishing Village

Retail-focused Sazmining is starting a modest-sized bitcoin mining operation, using hydropower, in a small Norwegian fishing town.

A Norwegian town (Michael Fousert/Unsplash)

Policy

Norway Wants to Restrict Crypto Mining by Regulating Data Centers, Lawmakers Say: Report

Energy-intensive crypto mining is an example of a type of business Norway does not want, Minister for Energy Terje Aasland reportedly said.

A Bitmain Antminer s9 board in a bitcoin mine in Norway. (Eliza Gkritsi/CoinDesk)

Policy

Norway Should Consider a National Strategy for Crypto Regulation: Norges Bank Report

The bank says lawmakers should take advantage of existing regulations that cater to systemic risk and enforcement action for example, as well as stresses the need for crypto specific ones.

A Norwegian town (Michael Fousert/Unsplash)

Policy

BIS Says 'Hub-and-Spoke' Cross-Border Transfers Offer Benefits to Retail CBDC

The system is designed to offer users the best foreign-exchange rates and faster transactions while allowing central banks to keep almost total control of their currencies.

(Hubert Neufeld/Unsplash)

Policy

Norwegian Authorities Seize $5.9M From Crypto Game Axie Infinity Hack

The economic crime unit said it is the biggest crypto seizure ever made by Norwegian police.

Web crime

Policy

Craig Wright Can Appeal Satoshi Defamation Finding, Norwegian Court Rules

An Oslo judge in October ruled Twitter user Hodlonaut had been within his rights to post 2019 tweets calling Wright a "fraud" and "scammer."

Craig Wright (Eugene Gologursky/Getty Images for CoinGeek)

Finance

Europe’s Last Bitcoin Mining Refuge Is No Longer Viable

Miners moved to northern Norway and Sweden to avoid high energy costs. Now, power prices are surging there, too.

Retired Bitmain ASICs at Kryptovault's facility in Norway. (Eliza Gkritsi/CoinDesk)

Web3

Norway Steps Into the Metaverse With Decentraland Tax Office

The move is part of a greater effort to educate a younger audience about taxes related to DeFi and NFTs, starting with an office in Decentraland.

Virtual shtick aside, the metaverse has its share of bad actors. (Danny Nelson/CoinDesk)

Videos

Hodlonaut Wins Norwegian Lawsuit Against Craig Wright

Prominent Bitcoin community member Hodlonaut won a lawsuit against Craig Wright on Thursday. In her ruling, Norwegian Judge Helen Engebrigtsen wrote that the pseudonymous website editor "had sufficient factual grounds to claim that Wright had lied and cheated in his attempt to prove that he is Satoshi Nakamoto." "The Hash" panel discusses the details of the lawsuit and what this ruling means for the Bitcoin community.

Recent Videos

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