Central Banks of Israel, Norway and Sweden Team Up to Explore Retail CBDC

Central Banks of Israel, Norway and Sweden Team Up to Explore Retail CBDC

Source: Coindesk The central banks of Israel, Norway and Sweden have teamed up with the Bank for International Settlements (BIS) to explore how central bank digital currencies (CBDC) can be used for international retail and remittance payments, BIS announced on Wednesday. The BIS is an association of 61 central banks from around the world and has innovation […]

Norwegian central bank uses Ethereum to build national digital currency

Original Source: Cointelegraph The central bank of Norway has hit a major milestone in digital currency efforts, releasing the open source code for the country’s central bank digital currency (CBDC) sandbox. Available on GitHub, the sandbox is designed to offer an interface for interacting with the test network, enabling functions like minting, burning and transferring ERC-20 tokens, the Norges Bank’s […]