REGULATORY ACTION Blockchain Project: Norges Bank CBDC Program
Norges Bank (the central bank of Norway) is actively assessing digital currency for use in Norway via a CBDC Sandbox. The project is divided in phases and began in 2018. Its primary testing platform was a permissioned version of Ethereum, Hyperledger Besu, but it also utilized openCBDC from MIT. Components of the project were tested on IOTA as well.
Project Milestones
Blockchain Journal's curated lists of project milestones are designed to help readers approximate each project's timeline and may not be inclusive of every step in its journey.
| Milestone Title | Date of Milestone | Type | NFT Drop | Sources |
|---|---|---|---|---|
Norges Bank Announces Phase 5 Of Central Bank Digital Currency Project | December 19, 2023 | Announced |   | |
Norges Bank Chooses Ethereum For CBDC Sandbox | September 12, 2022 | Announced |  | |
Central Bank of Norway Hints At CBDC Trial | May 13, 2018 | Hint |  |
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