Per a new report from Pymnts.com, the central bank of Norway may be ready to take the next step in exploring the introduction of a digital currency.
Already, only around 4% of transactions in Norway are conducted with bank notes and coins, according to Norges Bank, so it won’t be hard for the central bank there to get the general public interested in using a digital currency, they say.
The bank has already spent four years on preliminary research, but has remained on the fence regarding issuing a state-backed digi currency, even as others have moved ahead, spurred by the embrace of cryptocurrencies such as Bitcoin.
This article was written by and originally published on PYMNTS.
