The project aims to be used among large, medium, or small brands, companies, organizations, and even countries

​Crypto Classic has launched a blockchain-based payment system

22.11.2021 - 10:15

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1 min

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What’s new? The Norwegian Crypto Classic has launched a powerful and secure payment method on the blockchain network. This is stated in the company's press release.

Press release

What is known about the project? The project, based on the latest technologies, aims to be used as a secure payment system among large, medium, or small brands, companies, organizations, and even countries.

What had happened before? Last weekend, it became known that bitcoin mining could be banned in Norway. The authorities are considering this option following the publication of a similar proposal from the Swedish regulator.

News source on the Euronews website

According to Norwegian officials, bitcoin mining leads to “unreasonable electricity costs.” Local Government and Regional Development Minister Bjørn Arild Gram stated he wants to see more projects in this area aimed at transitioning to a climate-neutral society.

Author:

Michael Golikov Michael Golikov

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