Norway could back European Bitcoin mining ban, as minister calls energy use 'difficult to justify'
Norway is considering policy measures that would tackle the environmental impact of crypto mining, a government minister has told Euronews Next.
"Although crypto mining and its underlying technology might represent some possible benefits in the long run, it is difficult to justify the extensive use of renewable energy today," Norwegian local government and regional development minister Bjørn Arild Gram said.
"We are currently considering potential policy measures in order to address the challenges related to crypto mining. In the context of this work we will look to the solutions proposed by the Swedish regulators, and our target would be common European regulations in this area," he added.
While Gram did not give details of the policies under
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