Overview
- The central bank said Norway’s existing payment rails deliver stable operations, fast settlement, low costs and robust contingency arrangements.
- Officials stressed the decision is not final and the option to introduce a retail CBDC remains open if payment risks or habits change.
- Norges Bank will continue research on both retail and wholesale CBDC models and track developments in the Eurosystem and Sweden.
- Practical tests will focus on tokenised solutions in collaboration with industry to explore efficiency gains and settlement risk reduction.
- Despite one of the world’s lowest cash-usage levels, the bank concluded the current infrastructure meets public needs without a digital krone now.