Norwegian lawmakers have passed a law placing data reporting requirements on Norway’s data centers, intended to regulate the use of energy devoted to crypto mining operations—the biggest of which revolves around Bitcoin.

According to Digitalization Minister Karianne Tung and Energy Minister Terje Aasland, the government aims to close the door on crypto mining in general.

“The purpose is to regulate the industry in such a way that we can close the door on the projects we do not want,” said Tung, according to a local news report.

The new law—a first of its kind in Europe—requires data centers to register with the government, report who owns and manages it, and explain what services it offers. Aasland claimed that this will help the country direct its energy consumption towards “socially useful” services and infrastructure, among which crypto is not included.

“It is associated with large greenhouse gas emissions, and is an example of a type of business we do not want in Norway,” he said, with support from Tung.

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Author: Andrew Throuvalas

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