Norges Bank, Norway’s central bank, supports the European Union’s (EU) MiCA regulation, which is aimed at regulating cryptocurrencies and other virtual assets. This move comes as the central bank is also considering the introduction of a central bank digital currency (CBDC) to enhance cross-border payments and improve financial stability within the country.
By supporting the MiCA regulation and exploring the possibility of a CBDC, Norges Bank aims to modernize its financial system and ensure it remains competitive with other global financial centers.
