Central Banks
Norway’s Central Bank on Track to Deliver Digital Currency Recommendation
- Norges Bank to decide next year whether CBDC is needed: Longva
- There’s “no urgency” on process, Longva says in interview
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Norges Bank remains on track to finalize a recommendation next year on whether one of the world’s most cashless countries should introduce a central bank digital currency.
Norway’s monetary authority isn’t concerned about getting left behind, even as other wealthy nations like Switzerland push ahead with CBDC plans, Deputy Central Bank Governor Pal Longva said in an interview in Oslo on Tuesday.