Norway Wants to Restrict Crypto Mining by Regulating Data Centers, Lawmakers Say: Report
Norway's government plans to regulate data centers to restrict energy-intensive crypto mining, aiming to block unwanted projects and reduce greenhouse gas emissions. [ more ]
Sweden's Central Bank Chief Wants 'as Little Bitcoin as Possible' in Country's Financial System: Bloomberg
Sweden's central bank governor emphasizes avoiding involvement with bitcoin due to its speculative nature and history of value collapses.
Sweden led EU in advocating for a ban on crypto mining and abolished tax incentives for data centers, including bitcoin mining, due to energy concerns. [ more ]
Bitcoin Miner Core Scientific to Emerge From Bankruptcy, Re-List Shares This Month
Crypto mining company Core Scientific has received approval for its Chapter 11 reorganization plans and expects to re-list its shares on Nasdaq by the end of this month.
Under the reorganization plan, the company will pay its existing debt in full and existing shareholders will get about 60% of the new company's equity. [ more ]