Norwegian Government Enacts Law to Regulate Crypto Mining Amid Environmental Concerns

by Александр Пирогов | Apr 17, 2024 | Blog News

The Norwegian government has passed a new law aimed at regulating and potentially closing cryptocurrency mining operations within its borders. The move, disclosed by local news outlet VG, reflects Norway’s commitment to reducing greenhouse gas emissions...

Bank of Israel Launches Sandbox for Testing Digital Shekel Use Cases

by Александр Пирогов | Apr 17, 2024 | Blog News

The Bank of Israel is set to launch a sandbox environment for testing central bank digital currency (CBDC) use cases. Deputy Governor Andrew Abir announced the initiative, stating that the sandbox will facilitate collaboration among financial institutions, fintech...

Bank of Korea to Accelerate Central Bank Digital Currency Project

by Александр Пирогов | Apr 17, 2024 | Blog News

The Bank of Korea (BOK) is ramping up its Central Bank Digital Currency (CBDC) project, planning a pilot program involving 100,000 participants to test the digital Korean Won by the end of 2024. In collaboration with regulatory bodies, the BOK will conduct usability...

Germany’s Landesbank Baden-Württemberg to Offer Crypto Custody Services in Partnership with Bitpanda

by Александр Пирогов | Apr 16, 2024 | Blog News

Landesbank Baden-Württemberg, the largest federal bank in Germany, is set to launch cryptocurrency custody services in collaboration with Bitpanda in the second half of 2024. The move comes in response to increasing demand from corporate clients for digital asset...

Norway Introduces Legislation to Regulate Data Centers and BTC Miners

by Александр Пирогов | Apr 16, 2024 | Blog News

Norway is set to implement new legislation aimed at regulating data centers nationwide and overseeing the activities of Bitcoin miners. The law mandates registration of all data centers with authorities and requires detailed information on services and ownership...

Buenos Aires Accuses Worldcoin of Violating Consumer Laws

by Александр Пирогов | Apr 16, 2024 | Blog News

The provincial government of Buenos Aires has formally accused Worldcoin of violating consumer laws through “abusive clauses” in its user agreement. The allegations include interruptions of services without offering repair or reimbursement, as well as the...