Norwegian Central Bank Developing Plans to Move to Cashless Society

[Vladar49]

The Central Bank of Norway, Norges bank, last week published a paper on Central Bank Digital Currencies (CBDCs) done by a working group as an eke out to cash in order to ensure confidence in money and the monetary system according to a working paper May 18.

The paper states on the necessity for forming Norway’s own cryptocurrency and that its use by the Central Bank should have a positive impact on the ability of banks and other financial institutions in offering loans.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/norwegian-central- ... s-society/