Coinspeaker
Norway Begins CrackDown on Crypto Data Centers
Henceforth, Norway is set to keep a close eye on the operations of data centers within its borders. This follows after the country recently announced its decision to put forward new legislation that will regulate its data center industry.
As detailed in a local news report, Digitalization Minister Karianne Tung confirms that this is the country’s first attempt at scrutinizing the crypto mining industry. However, it is also the first time any European country is putting forward such a framework, Tung added.
According to the report, the new legislation will require that all data centers in the country are duly registered. That is after they must have filed details, including information about the owners, and top managers of these centers, as well as the type of services they offer.
According to officials, the new legislation is not exactly an attempt to stifle innovation. Rather, it is a way for the country to dete
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