Norway News

In a recently published report, Norway's central bank, Norges Bank, has put forth a proposal, urging policymakers to carefully consider the creation of a comprehensive national strategy for regulating cryptocurrencies. 

The compounding effects of the COVID-19 pandemic, lockdowns in China, supply-chain disruptions, and the Russian invasion of Ukraine are the major causes of the current economic depression. With the growing inflation across the world, the global economy could be entering…

Finanstilsynet, Norway’s financial regulator has warned investors to be wary of the risks associated with crypto investments. The warning comes as cryptocurrency prices continue to decline with Bitcoin sipping below $30,000 for the first time in six months. Don’t Risk…

The Finance Minister of Norway believes that cryptocurrency volatility is just temporary, and they will likely go past all that to become stable soon. In a Tuesday interview, Jan Tore Sanner mentioned that over time, cryptocurrencies would reach stability over…

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…

In a recent press release, tech juggernaut IBM, and Sjømatbedriftene, the Norwegian Seafood Association, announced a cross-industry collaboration that leverages blockchain technology to share supply chain data throughout Norway’s seafood industry to provide safer, better seafood to consumers across the world.…

According to a report published by Norway’s largest distributed newspaper Aftenposten, November 21, 2018, the Scandinavian country’s government has decided to do away with electricity subsidy provided to bitcoin mining entities. Bitcoin Mining Haven No More Subsidized electricity rates in the country made…

Norway’s largest bank, DNB, has suggested that the Ministry of Finance ban the circulation of cash, as a part of the nation’s major initiative to reduce black market sales and financial crimes like money laundering and fraud. “Today, there is…