Norway’s Crypto Crackdown: Bitcoin & Dogecoin Mining Faces Potential Ban in 2025
Norway throws a regulatory hammer at crypto miners—Bitcoin and Dogecoin operations now in the crosshairs. The Nordic nation's latest move could shutter new mining ventures as early as Q3 2025.
Why the freeze? Energy concerns meet political posturing in this Arctic showdown. While Norway's hydroelectric surplus once made it a miner's paradise, lawmakers now claim 'irresponsible' power usage demands intervention.
Industry insiders scoff: 'This isn't about energy—it's about control,' says one anonymous ASIC farm operator. Meanwhile, Bitcoin maximalists whisper about another predictable fiat-system power grab.
The real kicker? Norway's sovereign wealth fund holds $8.3 billion in Tesla stock—the same company that made Dogecoin payments briefly fashionable. Talk about having your crypto and banning it too.