Norway’s CBDC Timeline Clouded by Expert Committee’s Bold Advice

A Norwegian expert committee advising lawmakers has recommended no immediate need to adopt a central bank digital currency (CBDC). Despite the declining use of cash, which dropped to just 2% of transactions at physical points of sale during the pandemic, the committee emphasized cash’s importance for secure and inclusive payments. It advised starting work on […]

Nov 16, 2024 - 13:00
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Norway’s CBDC Timeline Clouded by Expert Committee’s Bold Advice
Norway's CBDC Timeline Clouded by Expert Committee's Bold AdviceA Norwegian expert committee advising lawmakers has recommended no immediate need to adopt a central bank digital currency (CBDC). Despite the declining use of cash, which dropped to just 2% of transactions at physical points of sale during the pandemic, the committee emphasized cash’s importance for secure and inclusive payments. It advised starting work on […]

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