Norway Halts Digital Krone Plans, Citing Strong Payment Infrastructure

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Norway has paused its digital krone plans, citing strong domestic payment systems. Norges Bank said current infrastructure offers secure, low-cost transactions, making a CBDC unnecessary for now. The bank explored retail and wholesale models but found no clear benefits for a launch. It joined cross-border trials like Project Icebreaker but remains focused on maintaining efficiency. The central bank noted it will reassess if **liquidity and crypto markets** evolve. **Digital asset regulation** developments could also influence future decisions.
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