Norway experiments with an ETH-based CBDC while Russia looks to clarify crypto regulations

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Russia Norway centralbank CBDC Norway experiments with an ETH-based CBDC while Russia looks to clarify crypto regulations

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Along with deploying the appropriate smart contracts and access controls, the Norges Bank sandbox also includes a custom frontend and network monitoring tools like BlockScout and Grafana. Norges Bank officially announced its plans to conduct CBDC tests in April 2021 and indicated that it expected to find a preferred solution by trialing different designs over the next two years.

 

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