Norway's Digital Currency to be Based on Ethereum: Central Bank Confirms
Norway is taking significant strides in the realm of digital currency. Recent developments confirm that the central bank of Norway, Norges Bank, is actively developing its central bank digital currency (CBDC) prototype based on Ethereum infrastructure. This move signals a major shift towards incorporating blockchain technology into national financial systems.
Ethereum Chosen as Foundation for CBDC
As officially revealed on 12 de sept. de 2025, Norway’s central bank, Norges bank, has announced that its national digital currency will be based on Ethereum (ETH). This decision highlights the perceived advantages of Ethereum's robust infrastructure and smart contract capabilities for the creation of a secure and efficient digital currency.
Open Source Code Released for CBDC Sandbox
In the latest efforts to create a national digital asset, as reported on 13 de sept. de 2025, the central bank of Norway has released the open source code for its CBDC’s sandbox, providing developers and researchers with the opportunity to explore and contribute to the project. The bank’s Ethereum-based system is open for scrutiny and experimentation.
Nahmii Layer-2 Protocol Utilized
Norges Bank (the central bank of Norway) is working on a pilot program which utilizes an Ethereum layer-2 protocol called Nahmii. This approach allows for faster transaction speeds and reduced costs, addressing some of the scalability challenges associated with traditional blockchain systems. Som en 14 de sept. de 2025 Norges Bank officials have announced this detail.
What This Means for the Future of Finance in Norway
The decision to base Norway's digital currency on Ethereum represents a forward-thinking approach to modernizing the nation's financial infrastructure. By leveraging the power of blockchain technology, Norway aims to create a more efficient, transparent, and accessible financial system for its citizens. Keep checking back for updates on the pilot program, launch plans, and broader implications of Norway's pioneering digital currency initiative.