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

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 […]

Oct 24, 2024 - 12:00
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Norway’s Central Bank on CBDC Progress: We’re Not Falling Behind
Norway’s Central Bank on CBDC Progress: We’re Not Falling BehindNorway’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 […]

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