CandleFocus Norway’s financial task force urges cautious approach to CBDC: report
2024-11-15
Author: Content Editor
A task force in Norway has advised against the immediate adoption of a central bank digital currency (CBDC). The task force recommended that policymakers focus on developing the necessary regulatory framework for a potential future rollout instead. While acknowledging the potential benefits of a CBDC for accessible and secure payments, the report emphasized that cash remains critical in Norway. The country is one of the most cashless societies in Europe, with just 2% of respondents using cash for their most recent in-person transaction. Similar findings were reported in Sweden, where a government inquiry concluded that there is no immediate need for an e-krona. Norges Bank, the central bank of Norway, is expected to provide its own recommendation on whether to adopt a CBDC by 2025.
Related News
Tether mints $1 billion USDt on Tron, pays zero fees — Arkham Ethena adopts fee-sharing proposal for ENA token The Daily: Dogecoin investors drop class-action lawsuit against Elon Musk, Michael Saylor plans $100K bitcoin party and more Crypto ATM operator Bitcoin Depot reports Q3 revenue of $135.3 million Crypto Biz: MicroStrategy’s Bitcoin bet swells Helix mixer operator gets 3 years in prison for money laundering Bitcoin’s Volatility: Is It Too Unpredictable for Long-Term Investment? XRP Breaks Above Multi-Year Resistance – Top Analyst Shares Price Target Backpack Wallet, Blockaid prevent $26.6M loss from DeFi attacks on Solana Floki Pumps to Five-Month High Price on Coinbase Listing Plans as Dogecoin Dips ? SEC Gensler reported to step down after Thanksgiving Bitcoin mixer operator sentenced to 3 years for laundering over $300m Bybit brings bbSOL yield to more users via key DeFi integrations Manhattan prosecutors soften crypto enforcement after high-profile wins Solana AI projects surge despite Trump stealing headlines Trader Michaël van de Poppe Says Ethereum-Based Altcoin on Cusp of ‘Big Breakout,’ Updates Outlook on Bitcoin Market Sees Potential for SOL, CHZ, and ADA Shiba Inu Targets $0.00006: CoinMarketCap Ranks It 11th with $14 Billion Market Cap Bank Clients Just Dipped Their Toes Into Bitcoin ETFs, but Q4 Could See a FOMO Spike Gnosis founder argues Ethereum needs native L2s Bonk: Analyst Predicts Short Pullback As Prices Spike Thumzup approves $1m of Bitcoin as treasury reserve asset The dYdX community approves revenue sharing proposal XRP outperforms crypto market with a 17% pump — What’s driving the rally? Coinbase Adds New Meme Coin Listings HIPPO’s Price Strength Signals Growing Interest in SUI Ecosystem Will EIGEN price soar to $5 as ‘7 Siblings’ buys the dip? Polymarket Turns Up the Heat: Millions Wagered on Paul vs. Tyson Bout Ethereum Price Above $3,000: A Bullish Outlook? Ember Experiences Spike in User Activity and Transactions as Popularity Grows Wintermute’s Hidden Hand in SLERF’s Price Action Price analysis 11/15: BTC, ETH, SOL, BNB, DOGE, XRP, ADA, SHIB, TON, AVAX Coinbase Stock Is Surging on Bitcoin Boom—New All-Time High Incoming? DeFi Technologies' AUM jumps 38% amid crypto market boom XRP Exploding Soon? Technical Analysis Points to $200 Target Exciting VeChain Updates: Ambassador Program, VeUSD to GloUSD Swap, and BCG Partnerships to Drive VET Forward Polygon Returns To Trading After Crossing The $0.45 Mark Meme Coins Take 2024 by Storm: Sector Explodes With $93 Billion Growth Nexera Partners with RWA Inc. to Revolutionize Real-World Asset Tokenization There’s a $450 billion behemoth forging BTC’s path to $100k Crypto Whales Bought These Altcoins in the Second Week of November 2024 BREAKING: Elon Musk Mentioned the Name of the New Memecoin Again – Sudden Spike in Price Buy signal for two strong cryptocurrencies this week Important Mechanism Activated in Binance-Listed Altcoin: Price Spikes – Here Are The Details Bitcoin price metrics and ‘influx’ of stablecoins to exchanges hint at rally continuation ? Elon Musk shot down OpenAI's proposed ICO in 2018: court filing Top 3 Artificial Intelligence (AI) Coins For the Second Week of November 2024 Matrixport Included Developments That Will Affect Bitcoin in December in Its Weekly Report! Here Are the Details The Giant Whale Who Bought Bitcoin at $0.06 Woke Up From Sleep and Started Trading – Here is the First Transaction Trader Says Altcoin That’s Up Over 20x in Under Five Weeks Still Has Upside, Updates Outlook Dogecoin and Pepe Bitcoin reserves on exchanges reach a 6-year low Here's when Cardano (ADA) will hit $6, according to analyst Ethereum ETFs record highest weekly trading volume since launch Moo Deng Defies Sideways Market, Reaches All-Time High and $600 Million Market Cap New York anti-crypto stance softens as regulatory tide turns Jack Mallers New Video About Bitcoin Scarcity is Right on the Money! Avalanche Shooter 'Off the Grid' Is Handing Out $3K Daily to Top Players PEPE Dips 8% as Coinbase Effect Fades, But Bulls Prepare for Round Two Kraken Layer 2 Ink Launched Fault Proof and First Stage AAVE pullback in motion – Why a rebound to THIS demand zone is likely CME Bitcoin Friday Futures experience notable increase in institutional demand Elon Musk dodges $258 billion Dogecoin lawsuit as investors drop appeal Dogecoin Could Soar 'Far Beyond' Current All-Time High Price: Analyst Cardano (ADA) Price Might Reach $6 If History Repeats 685% Liquidations Imbalance Stuns Shiba Inu (SHIB) Amid $500 Million Crypto Bloodbath NYSE Arca files to list Bitwise crypto index ETP How to figure out if an AI crypto project is worth investing in Bitcoin investment ‘material impact’ captures pension funds’ attention Tron Market Cap Hits New High As Prices Spike EU regulator sets restrictive measure guidelines for crypto providers Don’t be delusional: Decentralization doesn’t compensate for regulation Financial institutions will drive RWA tokenization’s trillion-dollar growth Binance breaks over 240M registered users after the latest crypto boom NEAR Price Breaking Bullish Pennant: Can It Hit $10 ? Chart of the week: Cardano could jump 25%, here’s what to expect Whale dumps 850K Dogwifhat tokens after 55% surge: what’s next for WIF price? Crypto Demand Soars in the Americas – Ripple and XRP Lead $1.2 Trillion Market Growth Polygon Powers Up Web3 Gaming with Immutable and Sequence Collaboration Ondo introduces 24/7 conversions between PayPal USD and OUSG Immutable Emerges as 2024's Fastest-Growing Blockchain Gaming Ecosystem Core DAO Drives Massive Growth in 2024 with $820M in TVL EUR/BTC Down by 80% Since This Scary ECB Prediction for Crypto JP Morgan Lists Changes It Expects to Happen to Bitcoin and Cryptocurrencies During the Trump Presidency! Chinese giant Alibaba to partner with MultiversX as EGLD enters the Asian market Ripple CEO Reacts to New ETF Filing as XRP Price Breaks Above Key Level No, BlackRock Won’t (Necessarily) Ossify Bitcoin This OG Bitcoin Investor Just Turned $120 Into $178M Why XRP's long-awaited 7-year breakout has finally arrived Analysts Sees Terra Luna Classic Price Surging 480% as Burn Rate Rises Shiba Inu price could surge 90% as burn rate increases $PEPE Shatters Records: Daily Active Users Soar Past 20.5K on Wednesday Algorand (ALGO) price targets 60% breakout amid demand resurgence SolarWise DApp Teams with VeChain for Exciting New Feature Rollout Ethereum ETF Flows Flip Negative Again As ETH Price Slips 6%, What’s Next? Hong Kong’s HKMA warns against overseas crypto firms posing as banks Norway’s financial task force urges cautious approach to CBDC: report Hedera’s HBAR momentum has just began, analyst says XRP Volume Skyrockets 81% Amid $504 Million Market Sell-off BRETT Bucks Market Trend, Jumps 10% in Quest to Reclaim All-Time High Cardano (ADA) Price Goes Ballistic as Golden Cross Approaches From Real Estate and Stocks: Former Premier League Player's New-Found Love of Bitcoin Has the Rate Cut Been Shelved After Powell's Statements? Will There Be a Rate Cut in December? FED Member Announced! Cardano Founder Reacts as Dev Unveils First-Ever zkApp on Cardano’s Midnight Shiba Inu’s 65% Rally Triggers’ Largest LTH Move Since March How to stay safe on-chain: Three crypto users lose $876K within hours 60 Billion Dogecoin (DOGE) in 24 Hours: What's Happening? Shiba Inu (SHIB) Rockets 1,559% in Whale Activity as Bulls Take Charge PEPE Whale Inflow Skyrockets 4,479% in 24 Hours: What's Next? CZ’s Cryptic Post Signals Resilience for Crypto After Legal Troubles Binance Coin (BNB) Price Prediction for November 15 Top Platform Says Bitcoin $120,000 May Not Be Too Far Off With Trump’s Reserve Plan Bitcoin (BTC) Is Running From Record to Record, But Everyone Is Talking About These Six Altcoins! 140 Million Dogecoin (DOGE) in 24 Hours: Whales Are Buying Dip Miners start taking profits as BTC rallies above breakeven rates Ripple's RLUSD Stablecoin Is Operationally Ready ICP Identity Protocol DecideID to Launch on Solana, Eliminating the Need for KYC in DeFi Investigator Coffeezilla Probes MrBeast Over Crypto Controversy Bitcoin: the Fear and Greed Index indicates extreme enthusiasm! Hamster Kombat loses 86% of its users but gains 3,720% in volume Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin NOMY by Biconomy: AI-Powered App Transforming Web3 Interactions Ripple CEO: “The US Is Ready to Be The Crypto Capital of The World” This Week in Meme Coins: ACT and PNUT Rally by 1,500%, DOGE(GOV) Follows Suit Unbelievable Cryptocurrency Scam in Ankara! One Person's 38 Million TL Vanished! Can BOME Replicate SHIB’s Previous Success? Trump could put billions into US Bitcoin reserve without Congress approval Cardano Soars Over 100% on Trump Administration Blockchain Plans Fed Chair Jerome Powell Delivers Crucial Comments for Market, How Crypto Reacted Education is the key to broader crypto adoption | Opinion Bitcoin Price Crash: Here's Why BTC Price Is Falling Today Could crypto save the U.S. from a debt crisis, will it push Bitcoin above $150k? Bitcoin miner Greenidge wins legal battle to keep mining in New York Sei Network’s Rapid Transaction Capabilities Integrate With Drift Zone, Promising Web2-Like Gameplay With Blockchain’s Security And Efficiency PEPE Gains 91% Post-Election, Analysts Eyeing New Target Here’s Timeline for XRP to Surpass $1 If It Maintains Its Pace of Explosive Gains Floki Joins Forces with Animoca Brands' Forj to Launch $MONKY Memecoin Whale Alert: Acet (ACT) and Peanut (PNUT) Experience High Volatility as Prices Shift Top Expert Claims Uniswap Price Primed For 45% Rally Dogwifhat Smart Whale Dumps Heavily Booking Profit, Has WIF Price Topped? These 2 Signals Hint Solana Price Likely to Hit $1000 Next Crypto Market Overheats as Bitcoin Surpasses $90,000 Attracting Retail Investors Ripple class action lawsuit moves to final judgement as XRP pumps Paulson bows out and Bessent steps in with a crypto friendly vision for Treasury Cardano (ADA) Price Prediction for November 15 Crypto Price Analysis November-15: XRP, ADA, DOGE, SHIB, and SUI Bitcoin flippened silver and Saudi Aramco — are Google and Amazon next? PEPE: It Might Be Impossible to Hit $1 Why These Altcoins Are Trending Today — November 15 XRP Might Be Overheated, Liquidation Data Hints at Major Strain 3 Reasons Why Bitcoin (BTC) Dumped by $4K Daily, But the Worst Could Be Over Layer-2 Projects Gain Momentum with High Social Engagement, $POL Leading The Pack Here Are Two Reasons Why XRP Surges 15% to $0.8 Amid Bitcoin Dip 15000% or 5000% Price Explosion for Ripple’s XRP in Play, Analyst Expects ATHs From $9 to $27 Crypto Analyst Says Bitcoin’s Parabolic Phase Has Begun, Outlines Time Left Before BTC Hits the Bull Market Peak Ethereum Risks Falling To Sub $2,900 Price Level as Bulls Start to Retreat Bitcoin Exchange OKX Announces It Will List a New Memecoin on Its Platform! Will Cardano 40% Weekly Rally Extend to the $1 Psychological Mark? Flat-Bottom Pattern Signals 673% Opportunity for Notcoin Ripple Lawyer Joins Criticism as SEC Faces 18-State Crypto Lawsuit Pepe Coin Price Prediction After PEPE Doubles In a Week Aave Gauges Community Interest for Expansion to Bitcoin Layer 2 Spiderchain Top Exchange Announces 121,914,968 Shiba Inu Giveaway Analyst Reveals His Target For BNB Price This Cycle French bank settles $108m digital bond with wholesale CBDC XRP Rockets to 16-Month High, Fueled by 3.44 Billion Whales Purchase and Gensler Exit Speculation VeChain Unveils New Endorsement Feature for VeBetterDAO – Here’s How to Get Started Nasdaq-listed Solidion pledges to allocate 60% of cash surplus to Bitcoin purchases OpenMoneyDAO Brings omUSD to KyberSwap, Boosting DeFi Trading Experience Coinbase challenges traditional payment giants with a new ‘tap to pay’ feature Dogecoin Founder Says He Won’t Sell His Bitcoin Until This Massive Price High Reached $134,000 Bull Cycle Top Predictions Comes to Light, as Analyst Observes BTC Magic Bands, Next Target $98,720 Gemini’s Apology for False Bitcoin Alert Highlights Importance of Accurate Communication in Crypto Exchanges Solana meme coin Litecoin Mascot soars to $120 million market cap in less than 48 hours of launch JUST IN! Binance Announces Listing of a New Memecoin, Price Skyrockets! How High Could Cardano Price Go if ADA is Used in US Elections Upbit Scrutinizes KYC Violations in South Korea Galaxy Digital Eyes BTC Dip? $30 Million Moved to Binance as Bitcoin Falls Below $90K Stablecoin firm BVNK looks to raise $50m amid market surge Ripple CEO Hints at Gary Gensler’s Last Days in SEC, as Saylor Calls It a Win for Crypto Solana’s Uptrend Strengthens, But Investors’ Moves Raise Doubts Algorand Breakout Rally Eyes $0.25; Key Resistance at $0.1630 Here's What Needs to Happen for Dogecoin Price to hit $3: Analyst Explains Why is XRP Price up? Bitcoin Struggles to Reclaim $90,000 as Short-Term Holders Keep Gains in Check Dora Vota Revolutionizes Blockchain Privacy with MACI Protocol New Shiba Inu Whale Amasses 4,000,000,000,000 SHIB Amid Market Correction Can Trump’s Federal Blockchain Voting System Ensure Integrity? Why Has XRP Surged to a 4-Month High? Whales, Musk, and Market Momentum Hedera (HBAR) Reversal Run Eyes $0.10 with $0.069 Breakout What Does Visa-Level Volume Mean for Stablecoins? Meme Coins DOGE, PEPE, PNUT Fuel Speculative Crypto Cycle: Santiment Here is How Much 1 Cardano Can be Worth if ADA Rises 100%, 500% or 1000% Post US Elections Is Bitcoin on Shaky Ground? Market Signals Reflect Patterns That Foretold the Recent Slide in Trump Media Shares SHIB Faces Resistance at $0.000030; What's Next? Traders Brace for Impact as Almost $4 Billion in Bitcoin and Ethereum Options Expire Ethereum Holds Above $3,100 And Prepares For A Rally Here’s How High XRP Surged When Donald Trump Was President Dogwifhat X Account Hacked to Promote Fraudulent Solana Tokens Ghana Leverages Blockchain for Carbon Credit Trade DEGEN Jumps 172% in 5 Days, Yet, This Risk Looms ‘Prepare For Volatility’ Cardano Bull Dan Gambardello Warns Why IOTA Stands Out Against Solana and Sui – Dominik Schiener on Real-World Use Cases XRP is a Better Play Than ETH This Cycle: Ichimoku Cloud Analyst Analyst Says Anything Less Than 40x for XRP This Cycle Is Manipulation, Reveals XRP Price Targets Massive Cryptocurrency Whale Sells a Big Chunk of Solana (SOL), Then Buys These Two Altcoins Analyst reiterates ‘Buy’ rating on Bitfarms stock despite selloff Solana Surges As Momentum Resumes, Is $240 the Next Stop? Bitcoin corrects as US inflation data emerges — Is the rally to $100K at stake? Bitcoin’s Phantom Whale From 2010 Resurfaces With a 2,000 BTC Transfer Bitcoin price can hit $100K by Thanksgiving if bulls hold key level Milei Advocates for Crypto Independence: 'Don't Let States Take Over' Cardano Ends 6-Month Downtrend with Golden Cross Amid Selling Pressure Consensys pushes back against regulatory ‘gaslighting’ with new sovereignty platform HBAR bears take charge after Open Interest’s surge signals shorts’ dominance Vitalik Buterin: Solana More Centralized Than Ethereum On the Brink of a Render Breakout: Can RENDER Reach $20? Australia's DigitalX Slashes Costs, Reports 99% Annual Gain in Bitcoin Fund Ethereum Price Forecast: ETH could rally to $4,522 despite mixed on-chain flows among investors $150K Bitcoin: Scaramucci Sees Trump Depoliticizing Crypto, Fueling BTC's Next Surge CryptoPunk Prices Surge as Bitcoin Gains Help Pump NFT Market XRP Price Rockets Upward: Bulls Poised for More Gains XRP Jumps 17% Outperforms Rest of the Market as Rally Cools; Trader Thinks $120K Bitcoin Target Still in Play Bitcoin to hit ‘repeated all-time highs’ over next 2 quarters: VanEck PNUT Climbs 200% For Fresh ATH After Elon Musk Tweet – Details Consensys decentralized Infura launches as EigenLayer AVS Australia's DigitalX Slashes Costs, Reports 99% Annual Gain in Bitcoin Fund Trump trade over? Bitcoin, Ethereum ETFs see first outflow since election Ethereum Price at $3,000: Can Support Prevent Further Losses? US Bitcoin ETFs now hold 1 million Bitcoin worth $96 billion Mind-Blowing Profit: Top $PNUT Holder Nets $56M—Here’s How He Did It Bitcoin Price Holds The Line: Is Another Surge Possible? Bitcoin Profit Taking Relatively Muted Amid $93K Rally – Can BTC Climb Higher? Uniswap (UNI) Price Faces Pressure Despite Bitcoin’s Rally Metacade Launches Web3 Game ‘Gangs of Metacadia’ on Base Blockchain Solana ‘God Candle Is Close’ As It Breaks From Crucial Resistance – Top Analyst Goldman Sachs holds $461 million in BlackRock’s IBIT, new filing reveals Bitcoin blips down as Fed’s Powell says no ‘hurry to lower rates’ How to Use & Store Bitcoin Safely Top NFT Tokens to Watch in November: Render, Gala, and Stacks on the Rise What to expect when UK, long-term US ally, announces details of crypto regulation Ripple Announces The Launch of Stablecoin RLUSD Russell Okung’s New Football League Wants Players to be Paid in Bitcoin SEC crypto cases will be ‘dismissed or settled’ under Trump: Consensys CEO Raydium is catching up with Uniswap spot volumes Republican State AGs and DeFi Lobby Sue SEC Over Crypto Enforcement Actions Here Are The Factors That Could Drive The Dogecoin Price To $1 This Bull Market XRP Price Prediction, Will the Surge Continue After 25.87% Growth? 'Dogecoin Millionaire' Regains Title After DOGE Pump—And This Time, He's Selling PEPE Meme Coin Surges After Major Whale Transactions and Exchange Listings XRP Price Will Escalate To $1.03 This Week If This Happens: Analyst XRP Whale Scoops 105M Tokens as Court Orders in Ripple's Favor FET Price Struggles to Keep Up with AI Crypto Rivals Strategic Bitcoin Reserve Has Precedent in Other Big U.S. Government Purchases: Michael Saylor Meme Coins on Coinbase and Robinhood: Which Projects Could Be Listed Next? Cardano Holders Unlikely To See Break of All-Time Highs for ADA, According to Analyst Jason Pizzino Can XRP Surge To $1 as Analysts Predict Major Rally Ahead? An Airdrop Will Be Distributed to Owners of These Three Altcoins on Binance! Here are the Details Exploring dYdX Unlimited's Potential Impact on the Decentralized Trading Market Top Memecoin Project in Cabal Arena of TON Memelandia Reaches $100M Market Cap Is Gary Gensler the Reason Behind Ripple’s (XRP) Sudden Surge to 16-Month Peak? ETH as money? Exploring ether’s unique role Ex-TD Ameritrade CEO says Bitcoin is 'here to stay,' foresees significant growth Bitwise files to convert its 10 Crypto Index Fund into an ETP Can Bitcoin (BTC) Reach $100,000 This Week? 136% Pepe (PEPE) Rally Makes Memes Look Like Jokes, Ethereum (ETH) Second Skyrocketing Incoming? Ex-SEC Lawyers Agree: Crypto Enforcement Shackles May Take Time to Resolve Peanut the Squirrel (PNUT): TOP Performer of The Week Top Cryptos to Buy This November: Bitcoin, Ethereum, and Solana Show Strong Potential