The Norwegian central bank is preparing to announce a CBDC proposal next year

2024-10-23 17:25:17
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ChainCatcher news, according to Cryptonews, the Norwegian central bank is advancing its research on central bank digital currency (CBDC) and plans to make a related decision by the end of 2025. Although the European Central Bank is preparing for digital currency, Norway has stated that it is not in a hurry to accelerate the process.

According to Norway's Deputy Governor Pål Longva, Norway's research on CBDC is in line with other central banks, with the current focus on assessing complex issues. Norway is known for its leading position in digital payments, and although cash usage declined during the pandemic, it has recently stabilized.

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