News with the tag "Norges Bank"

According to an X post by Vetle Lunde, Head of Research at K33 Research, Norway’s sovereign wealth fund, called Norges Bank Investment Management (NBIM), saw its indirect Bitcoin (BTC) exposure rise by 153% in 2024. NBIM’s Indirect Bitcoin Exposure Rises The increasing adoption of BTC among corporat...

Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway.

Norway’s central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but officials stress there’s no urgency. Despite Norway’s cashless society, with only 2% using cash, the bank is carefully studying both retail and wholesale CBDC options, emphasizing complex...

Norway’s central bank, Norges Bank, is maintaining its approach toward developing a central bank digital currency (CBDC). Additionally, they plan to finalize recommendations next year. Deputy Central Bank Governor Pal Longva stated that the bank isn’t concerned about lagging behind other nations. Th...

The Norwegian Norges Bank and the Swiss National Bank has revealed their respective exposure to MicroStrategy shares The post Norges Bank And Swiss National Bank Reveals Exposure to MicroStrategy appeared first on TheCoinrise.com .

The Norway central bank announced its decision to increase the primary interest rate by twenty-five basis points in response to elevated inflation on Thursday. This move by Norges Bank takes the rate to 4%, a threshold not seen since 2008. The central bank pointed out that despite a slight decrease,...

In a recently published report, Norway's central bank, Norges Bank, has put forth a proposal, urging policymakers to carefully consider the creation of a comprehensive national strategy for regulating cryptocurrencies.

Norges Bank, Norway’s central bank, released the 2023 Financial Infrastructure Report and Retail Payment Services 2022, spotlighting the need to enhance and fortify the payment system’s contingency arrangements. The effort aims to ensure the Norwegian public’s ability to continue making secure and e...