@mastergoemon thanks for the Gift Pack on @ripsapp 🎁
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💥 Crypto News Update! 💥 1️⃣ Norway backs MiCA and considers CBDC to boost financial stability and regulate digital payments. 2️⃣ Bitcoin Fog founder sentenced to 12.5 years for money laundering in the U.S. 3️⃣ Tether enters oil market with a 670,000-barrel transaction, aiming to expand further. 📊 Stay tuned for more crypto trends and market shifts!
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Norway explores CBDC adoption and supports MiCA regulation 🇳🇴💰 Norges Bank, Norway’s central bank, is backing the EU’s Markets in Crypto-Assets (MiCA) regulation and is evaluating a potential central bank digital currency (CBDC) for enhanced cross-border payments and financial stability. Key Points: 1️⃣ MiCA Support: As part of the European Economic Area, Norway aligns with EU crypto regulations. MiCA, currently under review, aims to standardize crypto-asset activities in Europe. 2️⃣ CBDC Potential: Norges Bank is assessing whether a CBDC could supplement cash and digital payments, recently participating in a trial for cross-border CBDC transactions. 3️⃣ Privacy Focus: The bank prioritizes privacy, ensuring compliance with regulations like anti-money laundering without monitoring individual transactions. Norway’s cautious approach reflects a balance between innovation and economic stability.
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