Bitcoin Blockchain and Cryptocurrency News Center
Liberstad — a private, anarcho-capitalist city in Norway — has adopted a cryptocurrency native to its blockchain-powered smart city platform as its official medium of exchange, according to a press release published on Feb. 12. Founded in 2015, Liberstad is the outcome of the Libertania project, run by the nonprofit Liberstad Drift Association, which aims to create a city-society autonomous from government […]
The Norwegian government has scrapped a tax subsidy on power currently granted to bitcoin miners, the CoinDesk writes. Some Scandinavian countries charge tax on electricity consumption, including Norway. According to a report from local news outlet Aftenposten, in its state budget, the government said that cryptocurrency miners in the country will have to pay normal electricity tax from […]