Norway’s central bank urged the authorities to assess whether the nation should proceed more quickly with regulation of crypto assets rather than wait for international solutions.
Norges Bank will “contribute to such assessments and to regulation that promotes responsible innovation,” it said in a report on Thursday, citing potential gaps in international rules and the fact that international standardization takes time.
Still, it pointed out that the new European-level regulation, known as EU Markets in Crypto-assets Regulation, that will “probably” also apply to Norway is due to enter into force within one to two years.
“As an example, an assessment …
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