Amid Bitcoin's (BTC) drop to six-month lows below $30,000 on Tuesday, a Norwegian financial regulator warned investors that the cryptocurrency industry is largely unregulated in the country.The Financial Supervisory Authority of Norway, or Finanstilsynet, published June 22 a statement on consumer protection of crypto investors, emphasizing that the authority currently does not … [Read more...] about Norwegian FSA sees urgent need for crypto investor protection
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Norwegian billionaire buys Bitcoin after calling for its ban last week
Norwegian kroner billionaire Øystein Stray Spetalen has invested “heavily” in both Bitcoin (BTC) and local crypto exchange MiraiEx—after lambasting the crypto just last week, Finansavisen reported on Friday.Per the publication, Spetalen has recently bought an undisclosed amount of BTC as well as invested in Norwegian cryptocurrency exchange MiraiEx. By its own admission, the … [Read more...] about Norwegian billionaire buys Bitcoin after calling for its ban last week
Norwegian investment firm allocates $58M to Bitcoin and crypto ventures
Aker ASA, a $6-billion Oslo Bors-listed holding company, is set to begin investing in Bitcoin. According to a press release issued on Monday, Aker has created a new company called Seetee AS whose mission is to invest in Bitcoin (BTC).The newly formed Seetee will also delve into the Bitcoin mining arena while looking to forge useful partnerships with major players in the crypto … [Read more...] about Norwegian investment firm allocates $58M to Bitcoin and crypto ventures