2021-4-24 22:10 |
Norway’s Central Bank announced it will start testing technical solutions for a CBDC over the next two years.
The post Norway Takes Next Step Towards CBDC appeared first on BeInCrypto.
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The Bank for International Settlements (BIS) and the central banks of Sweden, Norway, and Israel have joined forces to investigate the potential applications of central bank digital currencies (CBDC) The post Exploring the CBDC factor in Israel, Norway, and Sweden appeared first on AMBCrypto.
2022-9-29 14:15 | |
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Norway’s central bank could be the next to join the CBDC race. Norges Bank Working on CBDC According to a report by Ledger Insights published on April 23, Norway’s central bank – Norges Bank – announced that its working group for CBDC has commenced exploring technical solutions for a functional CBDC. Notably, although Norway isRead More
2021-4-24 23:01 | |
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A top official of Norway’s central bank stated that while the country is investigating a possible central bank digital currency (CBDC), there was no “acute need” for a digital krone. Cash Usage Decline Prompts CBDC research Speaking at Norway’s Payment Conference, Ida Wolden Bache, the deputy governor of the Norges Bank stated that the centralRead MoreRead More.
2020-11-10 00:00 | |
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Cash usage has declined in Norway since COVID-19, but physical currency also carries strengths that CBDCs may lack.
2020-11-7 00:24 | |
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Regulators in Norway are looking to clamp down on cryptocurrency mining via a new law for data centers operating in the nation. According to a report from local media VG, the new framework will mandate that data centers register officially…
The Norwegian government has enacted a new law aimed at reining in the burgeoning industry of crypto mining. The law, disclosed in a report by local news outlet VG on Monday, signals Norway’s resolve to regulate and potentially shutter cryptocurrency mining operations within its borders.
Norway’s online casino market faces increased scrutiny Lotteritilsynet oversees banks to enforce a ban on transactions with illegal online casinos in Norway. EGBA urges Norway to adopt a licensing model for online gambling, citing the need for diversity and player safety.
The seized funds will be used to reimburse affected users and help prevent North Korea from funding its nuclear weapons program.
The Sydney-based Arkon Energy secured $28 million in a recent funding round to expand its renewable energy Bitcoin mining operations despite the volatile market.
"We are in a completely different situation in the power market now than when the reduced rate for data centers was introduced in 2016," said Norway's finance minister.
Paolo Ardoino, chief technology officer of Bitfinex and Tether, made the case that Tether is a tool for human rights during the World Economic Forum in Davos, Switzerland.