Norway’s central bank says CBDC ‘not warranted,’ cites strong payment system
Norges Bank, the central bank of Norway, concluded that introducing a central bank digital currency (CBDC) is “not warranted at this time,” marking a clear signal that the country is reconsidering the urgency of retail and wholesale CBDCs. The central bank said Wednesday that Norway’s existing payment system already offers secure, efficient and low-cost transactions,...
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