Going cashless: Norway’s digital currency venture raises privacy questions

Going cashless: Norway’s digital foreign money project raises privateness questions

The small Nordic nation of Norway could well presumably unprejudiced no longer be in particular important on the world crypto draw. With its 22 blockchain resolution suppliers, the nation doesn’t stand out even at the regional level.

Nonetheless, as the bustle to take a look at and put into effect central monetary institution digital currencies (CBDCs) quickens every day, the Scandinavian nation is taking an active stance on its possess nationwide digital foreign money. In level of reality, it used to be amongst the predominant worldwide locations to begin up the work on a CBDC motivate in 2016.

<em>Norges Monetary institution in Oslo. Supply: Reuters/Gwladys Fouche</em>

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