Norway Ends Power Tax Subsidy for Bitcoin Miners
The Norwegian government has scrapped a subsidy on electricity tax for cryptocurrency miners in its state budget, a report says.
The deputy governor of the Norges Bank said there's no urgent need for the nation to launch a digital krone.
Norwegian Air would accept cryptocurrency payments via crypto exchange NBX.
The Norway-based investment company is now known as Arcane Crypto AB and trades as "ARCANE."
Savings bank Sparebanken Øst has just taken a stake in NBX, a crypto exchange set up by Norwegian Air founder Bjørn Kjos.
Business magnate Bjørn Kjos and his family have reportedly set up a crypto exchange and plan to offer bitcoin payments at Norwegian Air Shuttle.