Norwegian Central Bank Could Develop Its Own Cryptocurrency to ‘Ensure Confidence’ in the Monetary System

According to a report uploaded by the Central Bank of Norway, known as Norges Bank, it could be ready to develop its own cryptocurrency ‘to ensure confidence in money and the monetary system.’ The document uploaded by the institution confirms the intentions of central banks to create their own virtual currencies. This is the first time that the Norges Bank shows its intentions to create a…
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