Norway Mulls Backing Sweden’s Call for Euro Ban on Crypto Mining

Norway Mulls Backing Sweden’s Call for Euro Ban on Crypto MiningThe government in Norway is considering ways to limit the environmental impact of cryptocurrency mining and may support Swedish proposals to that end, including a European ban on proof-of-work mining. The European Commission has revealed it is already working to promote a transition to “more sustainable” protocols. Extensive Use of Renewable Energy for Mining Is […]
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177-Year-Old Swiss Bank Bordier to Offer Bitcoin and Other Crypto Trading Services

177-Year-Old Swiss Bank Bordier to Offer Bitcoin and Other Cryptocurrencies Trading ServicesA 177-year-old bank in Switzerland has enabled cryptocurrency trading within its services, with expectations to expand. Bordier & Cie SCmA added bitcoin and other cryptos to its list of services by partnering with a well-known domestic crypto player. Bordier Customers Can Also Buy and Hold Other Cryptos According to the announcement, the Swiss bank, founded […]
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Estonia’s Government Still Wants to Implement Stricter Rules for Licensing Crypto Firms

Estonia's New Government Still Wants to Implement Stricter Rules for Licensing Crypto FirmsThe new administration in Estonia is still planning to pursue an agenda to tighten rules for companies dealing with cryptocurrencies. The Ministry of Finance is looking to strengthen anti-laundering measures within the context of a major money-laundering scandal that involved Danske Bank. Estonia Revoked Over 1,000 Crypto Firms’ Licenses in 2020 Per a report by […]
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Spanish Treasury Releases Guidelines to Minimize the Risk of Tax Evasion With Cryptocurrencies

Spanish Treasury Releases Guidelines to Minimize the Risk of Tax Evasion With CryptocurrenciesThe State Agency for Tax Administration of Spain published guidelines to reduce tax evasion for cryptocurrencies, such as bitcoin. The document is part of the general program of the so-called Annual Tax and Customs Control Plan. Spanish Tax Authorities Could Ask Local Exchanges for Customers Data According to the paper, the Spanish Treasury’s entity seeks […]
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