norges bank – DIGIT INFO

Norway supports MiCA, considers CBDC for financial stability

DIGIT — Sat, 09 Nov 2024 09:30:05 +0000

Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway.

Go to Source

Norway’s Central Bank on CBDC Progress: We’re Not Falling Behind

DIGIT — Thu, 24 Oct 2024 08:46:17 +0000

Norway’s central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but officials stress there’s no urgency. Despite Norway’s cashless society, with only 2% using cash, the bank is carefully studying both retail and wholesale CBDC options, emphasizing complex issues and the need for collaboration with other […]

Go to Source

Norway Releases Source Code for Digital Krone Sandbox, Utilizes Ethereum Technology

DIGIT — Wed, 14 Sep 2022 05:30:08 +0000

A crypto company working with the central bank of Norway has published the source code for the sandbox created to trial the digital version of the Nordic nation’s fiat currency. The prototype digital krone is being built on the Ethereum network and the regulator wants to test various technologies and evaluate the potential impact on […]

Go to Source

Norway and England Contemplate Central Bank-Issued Cryptocurrencies

DIGIT — Wed, 23 May 2018 22:33:48 +0000

The central banks of Norway and England have published reports exploring different models for central bank-issued cryptocurrencies. By contrast, Federal Reserve governor, Lael Brainard, recently expressed her opposition to central bank cryptocurrencies – claiming that such would result in broad “macroeconomic consequences.” Also Read: Chilean President Considering Regulation of Cryptocurrencies Decline of Cash Prompts Norwegian Central […]

The post Norway and England Contemplate Central Bank-Issued Cryptocurrencies appeared first on Bitcoin News.

Go to Source