Norges Financial institution, Norway’s central financial institution, has revealed its annual “Monetary Infrastructure Report”. A lot of the report centered on cryptocurrency property and the query of whether or not Norway ought to rely on worldwide regulatory precedents to regulate its market.
The European Union’s Markets in Cryptocurrency (MiCA) regulation will come into impact in a 12 months or two and “will in all probability additionally apply to Norway.” Nonetheless, “the Ministry of Finance will assess the significance and implementation of the EEA in Norway,” Norges Financial institution famous. Norway is a member of the European Financial Space, however not the EU.
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