Norway's Central Bank, Norges Bank, is considering the introduction of a central bank digital currency (CBDC) and will make a decision on the matter next year. Deputy Central Bank Governor Pal Longva stated that Norway is not falling behind in its efforts to implement a CBDC, despite other European countries like Switzerland already making progress in this area. Norges Bank is currently assessing whether to issue a retail or wholesale version of the CBDC, with a final decision expected by the end of 2025. Norway is one of the most cashless societies in Europe, with the majority of the population using mobile payment apps instead of cash.



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