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11/9/2024 3:58:15 PM (GMT+1)

Norway supports the EU MiCA regulation and is considering the implementation of a Central Bank Digital Currency (CBDC) to enhance financial stability and improve cross-border payments 💶

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Norway supports MiCA regulation and is considering the introduction of a Central Bank Digital Currency (CBDC). Ketil Vatne from Norges Bank stated that, as part of the EEA, the country welcomes MiCA but has not yet made a decision on issuing a CBDC. In 2023, Norway participated in the "Project Icebreaker" to explore international transactions with CBDC. Vatne emphasized that CBDC would complement cash rather than replace it.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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