Norway's central bank is preparing to unveil a CBDC proposal next year
2024-10-23 14:17:25
Cryptonews report norway bank advance central bank digital currency cbdcdesk3cryptocurrencydesktopCrypto News
According to Cryptonews, Norway's central bank is moving forward with research on central bank digital currencies (CBDCs), with plans to make a relevant decision by the end of 2025. Although the European Central Bank is already preparing for digital currencies, Norway says it is in no hurry to speed up the process. According to Norway's deputy governor, Pal Lonva, Norway's research on CBDCs is in line with other central banks, and the current focus is on assessing complex issues. Norway is known for its leadership in digital payments, and although cash usage declined during the epidemic, it has recently stabilized.
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