Norges Bank

9 results about this entity

Period: 17 Mar 2006 - 24 Oct 2024

/payments

Norway's cashless economy drive halted by new cash payment rules

Norway's progress to become one of the world's first cashless economy has hit a roadblock under new rules passed by Parliament that oblige shops to accept cash payments alongside other mobile payment and card options.

/payments

Central banks conclude cross-border CBDC experiment, Project Icebreaker

Project Icebreaker, a joint initiative from the Bank for International Settlements and the central banks of Israel, Norway, and Sweden, has successfully concluded a study on the potential benefits and challenges of using retail central bank digital currencies (CBDC) in international payments.

/payments

Central banks explore CBDC for international retail payments

The central banks of Israel, Norway and Sweden are working with the Bank for International Settlements to explore how CBDCs can be used for international retail and remittance payments.

/crypto

Norwegian central bank taps Ethereum for CBDC work

Norway's central bank has made the source code for its CBDC sandbox publicly available and confirmed that the prototype infrastructure for the project is based on Ethereum technology.

/crypto

Norges Bank ponders operational role in real-time payments; warns of institutional risk in crypto

Norges Bank is today publishing Financial Infrastructure Report 2021 and Norges Bank Papers 2/2021, "Retail payment services 2020".

/crypto

Norway preps CBDC tests

Norway's central bank has set out plans to test a host of technical options for a CBDC over the next couple of years.

/payments

Cash payments plummet to just four percent of transactions in Norway

The Norwegian central bank is in no rush to introduce a digital Krone, despite conducting recent research which shows that cash is used for just four percent of transactions in Norway.

LCH Ltd opens Norwegian Krone account with Norges Bank

LCH Ltd, a leading global clearing house, announced today that it has established deposit and intraday liquidity facilities with Norges Bank, the central bank of Norway.

Norges Bank signs for SIA RTGS system

Norges Bank, the Central Bank of Norway, has signed a contract worth EUR3.5 million with Italy's Società Interbancaria per l'Automazione (SIA) for the supply and implementation of a real time gross settlement (RTGS) system.