Norway seeks to close door on digital asset miners [Video]

Norway is looking to regulate data centers and attempt to edge digital asset miners out of the country.

Just recently, Norway passed a new legislation that will mandate registration and provide additional business information for all data centers nationwide. The framework, the first of its kind in Europe, will require data centers to disclose their owners, managers and to state which services are offered by the center.

“It is very important to get a good overview of what services are offered in these data centers. It is the socially beneficial data centers we want. They are important for infrastructure,” Norwegian Minister of Digitalization Karianne Tung said.

Speaking with local news outlet VG, Tung explainedthat one of the goals of the regulation is to give local authorities more information on what the data centers are and who they are run by so that local municipal politicians will have a better basis for allowing or denying the establishment of …