norway News and Articles

Norway is on the list of countries that are developing a national digital currency (CBDC). However, unlike China, the authorities of this European state decided to initially study the potential of the token and test it within a separate economic zone. The Central Bank announced large-scale tests of...

Norway’s Parliament said no to the proposal to prohibit energy-intensive crypto mining in the country. The proposal was made by Norway's political party Rødt (Red Party) in March. Rødt finds that it is better to use Norway's natural power sources for other purposes than crypto mining saying...

Bitcoin is too expensive and volatile, and these factors prevent its mass adoption. This point of view is shared by the governor of the Central Bank of Norway, Øystein Olsen. In an interview with Bloomberg, the official stressed that in the future, BTC will still not be able to replace traditional...