Tagged: norges bank

October 14, 2024 @ 8:11 am By Omar Faridi  |  

Norway, which is globally recognized as one of the world’s most cashless societies and economies, appears to have made it simpler to settle transactions with cash. In what appears to be a significant change in the trend towards avoiding cash transactions, the government and reserve… Read More

June 29, 2022 @ 4:21 pm By JD Alois  |  

According to a series of Tweets, the Norwegian government will dip its toes into leveraging blockchain technology. As shared in the Tweets, the Norwegian government will be utilizing Ethereum via Arbitrum for cap tables of private firms. Earlier today the Norwegian government announced they're using… Read More

May 21, 2021 @ 8:25 am By Omar Faridi  |  

Norges Bank has released its Financial Infrastructure Report 2021 and Norges Bank Papers 2/2021, titled “Retail payment services 2020.” Norges Bank notes that there have been significantly fewer disruptions in the Norwegian financial infrastructure during the past few years, and the infrastructure has been working… Read More

November 10, 2020 @ 7:25 am By Omar Faridi  |  

The reserve bank in Norway has confirmed that it’s not in a rush to issue a digital Krone, even though a recent research study indicates that cash usage in the country is now down to only 4% of all financial transactions. Declining cash usage is… Read More