Iceland’s crypto industry has promising future, but faces energy challenges

Energy-rich Iceland is “making strides” in crypto, says Gulli Gislason of Viska Digital Assets.

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The crypto industry in Iceland is “making strides” but has yet to reach its full potential, and several advantages — including those offered by its unique geography — have yet to be maximized.

Cointelegraph spoke with Gulli Gislason, chief investment officer at the Icelandic liquid token investment fund Viska Digital Assets, to better understand the opportunities and challenges facing his northern homeland.

To begin with, Gislason covered some familiar territory: the 2008 banking crisis, which hit Iceland harder than almost anywhere else.

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