Norway’s new law regulates crypto mining due to environmental worries, aiming to align with global climate goals.
The law targets data centers facilitating mining, reflecting Norway’s commitment to responsible digitalization.
Norway’s government is making strides to introduce legislation to regulate data centers, primarily focusing on curbing energy-intensive cryptocurrency mining operations within its borders. The new law, revealed by local news outlet VG, underscores the government’s commitment to curb crypto mining activities’ environmental impact within its borders.
Digitalization Minister Karianne Tung and Minister for Energy Terje Aasland have revealed plans to implement the new law, marking the first time the data center industry in Norway will face formal regulation. Under the proposed legislation, data center operators will be required to register with local regulators, providing a framework for oversight and control over the industry’s activities.
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