Norway Finance Minister Sees Great Interest in Cryptocurrency — Says Bitcoin ...
The finance minister of Norway believes that bitcoin may experience “breakthroughs.” He noted that “There is no doubt that there is great interest in cryptocurrency both in Norway and internationally.” Bitcoin May See Breakthroughs, Says Finance Minister of Norway The finance minister of Norway, Jan Tore Sanner, suggested in an interview last week that “cryptocurrencies will at some point move past the volatility for which they’re currently known and experience a period of ‘breakthroughs,'” Bloomberg reported. He was quoted as saying: It is....
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"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 minister. Trygve Slagsvold Vedum, the finance minister of Norway, has suggested the government abolish a scheme that allows crypto data centers to pay a reduced rate on electricity.In an Oct. 6 announcement, the government of Norway proposed that data centers operating in the country be subject to the same electricity tax rates as other industries, representing a potential change in policy for Bitcoin (BTC) miners. According to the....
Cryptocurrency mining surf a large quantity of electricity. And since the crypto industry saw widespread adoption in recent years, it scaled up mining activities likewise, which caused electricity shortages in some countries like Iran and Kosovo. Similarly, the government of Norway, which is facing the same problems, now plans to remove its previously implied policy […]
India’s finance minister has cautioned investors about cryptocurrency as the country’s Enforcement Directorate (ED) investigates a number of crypto exchanges and freezes the assets of some trading platforms.
Indian Finance Minister Cautions About Crypto
Indian Finance Minister Nirmala Sitharaman reportedly warned about cryptocurrency Saturday at an event organized by the BJP Economic Cell. She cautioned the public and entrepreneurs that cryptocurrency is not currency, stating:
The government has already warned. I think all of us will have to share our thoughts....
The Indian finance minister has finally revealed clues about what is in the cryptocurrency bill that is due to be introduced in parliament. Mentioning no crypto ban, she said that the government will take “a very calibrated” approach to cryptocurrencies. Indian Finance Minister Provides Clues on Upcoming Crypto Regulation Indian Finance Minister Nirmala Sitharaman shed some light on the upcoming crypto regulation in her country during CNBC-TV18’s IBLA townhall Friday. This is the first time she talked about the content of the bill and the Indian government’s plans....
Indian Finance Minister Nirmala Sitharaman says that the country’s crypto policy will not be rushed. “Our intention is in no way to hurt the ecosystem, or to even say that we don’t need it,” she added.
Finance Minister on Indian Crypto Regulation
India’s finance minister, Nirmala Sitharaman, discussed cryptocurrency regulation Wednesday at a fireside chat organized by Stanford University School of Medicine.
She explained that India will not rush to finalize the country’s crypto policy. On the contrary, she said India will take....