Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Coinbase Sees TradFi Institutions Driving Crypto Derivatives Boom

22/10/2025

Helius Labs CEO and Solana co-founder Anatoly publicly disagreed over tokenization

22/10/2025

US Court Verdict Reveals Surprising Details On Argentina’s LIBRA Meme Coin Scandal

22/10/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    FG Nexus Announces Shareholder Approval of Historic 1 Trillion Share Authorization

    21/10/2025

    ETH is trading with a constant Coinbase premium, as whales await accumulation zone

    20/10/2025

    Robert Kiyosaki on Ethereum: ‘Hot Hot Hot’

    20/10/2025

    Ether’s 7% Plunge Leads Crypto Liquidations in $600M Carnage

    20/10/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Amazon’s AWS Outage Exposes Major Vulnerability In Ethereum NFTs

    22/10/2025

    NBA Top Shot kicks off 2025-26 season with star partnerships, player autographs, and blockchain enha…

    22/10/2025

    OpenSea monthly revenue surges 200% in pivot to trading aggregator

    20/10/2025

    BAYC and CryptoPunks Lead NFT Market in Top Sales over Past 7 Days

    20/10/2025

    Coinbase Sees TradFi Institutions Driving Crypto Derivatives Boom

    22/10/2025

    Helius Labs CEO and Solana co-founder Anatoly publicly disagreed over tokenization

    22/10/2025

    US Court Verdict Reveals Surprising Details On Argentina’s LIBRA Meme Coin Scandal

    22/10/2025

    Crypto.com launches USDT, USDC deposits and withdrawals on Polkadot Asset Hub

    22/10/2025
  • Blockchain

    Lumera Protocol Unveils Lumera Hub and Cascade, Promising “Pay Once, Store Forever”

    21/10/2025

    CDARI Partners with Krain AI to Build Decentralized Infrastructure for AI Economy

    21/10/2025

    Tether Champions Global Financial Freedom Infrastructure with Open Source Release of Its Wallet Development Kit (WDK)

    21/10/2025

    Running a blockchain foundation is actually really tough

    21/10/2025

    Ultiland Partners with TradeTalent to Redefine AI-Driven Creator Economy

    21/10/2025
  • DeFi

    Coinbase Sees TradFi Institutions Driving Crypto Derivatives Boom

    22/10/2025

    Stablecoins are fueling the next DeFi bull run: Solflare

    22/10/2025

    Flare becomes top DeFi platform for XRP after FXRP launch

    22/10/2025

    1inch Integrates Flowdesk to Route Societe Generale–FORGE’s EURCV and USDCV into DeFi

    22/10/2025

    Uniswap v4 taps Celo’s low fees to bring DeFi to the masses

    21/10/2025
  • Metaverse

    Metaverse will revolutionize learning in the same way as Sesame Street

    10/10/2025

    Dogelon Mars Recent Metaverse Updates

    26/09/2025

    ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse

    17/09/2025

    KaratDAO and SecondLive Partners to Reshape Web3 Identity and Immersive Digital Worlds

    16/09/2025

    Metaverse ‘still has a heartbeat’ as NFT sales jump 27% in August

    12/09/2025
  • Regulation

    Helius Labs CEO and Solana co-founder Anatoly publicly disagreed over tokenization

    22/10/2025

    Vast Majority of Airdrops Lose Value in Three Months: DappRadar

    22/10/2025

    Why Morgan Stanley’s revised 60/20/20 portfolio is a wake-up call for investors

    22/10/2025

    Capital B secures $68.85m, Finary bags $29.4m

    22/10/2025

    Pantera Capital Says This Ethereum Rival Offers Massive Upside Potential, Predicts the Crypto Asset Is Next in Line for an ‘Institutional Moment’

    22/10/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Crypto.com launches USDT, USDC deposits and withdrawals on Polkadot Asset Hub

    22/10/2025

    Bybit partners with Idram to bring crypto payments to over 25,000 stores across Armenia

    22/10/2025

    Asia exchanges crack down on crypto hoarders masquerading as listed firms

    22/10/2025

    Solana-Based Jupiter DEX Launches Kalshi-Powered Prediction Market For F1 Mexico Grand Prix Winner

    22/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Tough year for blockchain gaming, but there’s a ‘shimmer of hope’

    17/10/2025

    MARBLEX Joins Microsoft to Accelerate AI-Driven Web3 Gaming Advancement

    16/10/2025

    Axie Infinity Introduces New Community Bounties and Expands Axie Quest

    14/10/2025

    ‘Eve Frontier’ Jumps Ship from Ethereum to Sui—Here’s Why

    13/10/2025

    Arch Aims to Help Bitcoin Holders Slash U.S. Tax Bill With BTC Mining Investments

    22/10/2025

    HIVE Digital Finalizes 100MW Hydroelectric Bitcoin Mining Expansion in Paraguay

    21/10/2025

    Debt-Fueled AI Pivot Puts Bitcoin Miners to the Test

    21/10/2025

    Argo’s creditor grabs 87.5% stake in struggling miner in bold takeover move

    21/10/2025

    US Court Verdict Reveals Surprising Details On Argentina’s LIBRA Meme Coin Scandal

    22/10/2025

    Russian state to penalize citizens transacting with crypto involved in unauthorized turnover of cryptocurrencies

    22/10/2025

    Russia Is Creating a Legal System For Crypto To Avoid Western Sanctions

    22/10/2025

    Man Earns $5.8K in Ethereum, Gets Three Years’ Probation

    22/10/2025

    Coinbase Sees TradFi Institutions Driving Crypto Derivatives Boom

    22/10/2025

    Helius Labs CEO and Solana co-founder Anatoly publicly disagreed over tokenization

    22/10/2025

    US Court Verdict Reveals Surprising Details On Argentina’s LIBRA Meme Coin Scandal

    22/10/2025

    Crypto.com launches USDT, USDC deposits and withdrawals on Polkadot Asset Hub

    22/10/2025
  • MarketCap
NBTC News
Home»Regulation»Crypto firms in Norway’s wealth fund face ethics probe in 2025: report
Regulation

Crypto firms in Norway’s wealth fund face ethics probe in 2025: report

NBTCBy NBTC07/12/2024No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Norway’s sovereign wealth fund’s ethics council will reportedly conduct investigations into crypto and gambling firms listed in the fund’s portfolio, including Binance and Marathon Digital, over money laundering risks.

According to an exclusive Reuters report, crypto firms are included among the companies listed in the Norwegian sovereign wealth fund subject to an investigation by the fund’s ethics council. The Norwegian sovereign wealth fund is the largest sovereign wealth fund in the world, with $1.8 trillion in investments. It owns 1.5% of listed shares in 8,700 companies across the globe.

This year, the fund has increased its holdings in crypto exchange, including Coinbase, Block Inc., and Marathon Digital. With Coinbase in particular, the fund owns a 0.83% stake, which is worth around $453 million.

“The Council on Ethics in 2025 will take a closer look at companies involved in cryptocurrencies and gambling/casino, where there is a significant risk of money laundering,” said the council in a drafted document filed to the country’s finance ministry.

Gambling firms that the fund has invested in are also under scrutiny for their high risks for money-laundering.

You might also like: Norway Central Bank to decide on digital currency recommendation next year

Norwegian sovereign wealth fund’s Council of Ethics is tasked with probing companies the fund has invested in to ensure that they operate respectably from a business standpoint. If they do not, the council will recommend the fund to divest from those companies or place them on a public watch list.

So far, Norway’s sovereign wealth fund has excluded 189 companies due to ethical violations, including aircraft manufacturing companies Airbus and Boeing for creating nuclear weapons as well as Glencore and RWE for producing coal or coal-based energy.

Other reasons why the fund might decide to divest from companies include violations related to human rights, environmental damage, corruption and production of tobacco and canabis.

The council is also going to investigate shoe manufacturers such as Nike, Adidas, Asics and Puma for potential violations regarding inhumane working conditions, ranging from long hours and low salaries to the workers’ inability to form unions.

Even if the crypto firms listed in the fund aren’t found to have violated any money-laundering standards, those firms could very well be tried on the grounds of environmental damage. In April, Norwegian regulators introduced a new framework that would crack down on crypto mining in an attempt to limit or altogether eliminate crypto mining in the nation.

Norway’s ministers have voiced their concerns in regards to the environmental impact of crypto mining, citing its greenhouse gas emissions as incompatible with Norway’s sustainability goals.

Read more: Norway regulators clamp down on crypto mining via new law

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Helius Labs CEO and Solana co-founder Anatoly publicly disagreed over tokenization

22/10/2025

Vast Majority of Airdrops Lose Value in Three Months: DappRadar

22/10/2025

Why Morgan Stanley’s revised 60/20/20 portfolio is a wake-up call for investors

22/10/2025

Capital B secures $68.85m, Finary bags $29.4m

22/10/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Coinbase Sees TradFi Institutions Driving Crypto Derivatives Boom

22/10/2025

Helius Labs CEO and Solana co-founder Anatoly publicly disagreed over tokenization

22/10/2025

US Court Verdict Reveals Surprising Details On Argentina’s LIBRA Meme Coin Scandal

22/10/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.