The Norwegian Central Bank suggests that a national strategy should be considered for regulating the cryptocurrency market.

According to a report from BlockBeats on May 26th, the Norwegian central bank has suggested that relevant departments consider formulating a national strategy to regulate the cryptocurrency market. Regulations for the cryptocurrency market are being developed and implemented globally, but it is uncertain how long it will take. The Norwegian government should assess whether it needs to move faster rather than wait for an international regulatory solution. Additionally, the Norwegian central bank is intensifying its research on central bank digital currencies (CBDCs).