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Norway

Norway Digital Krone

According to Norges Bank disclosures and linked sources, this profile records status, architecture, and capability fields for Norway Digital Krone.

NoneNeutralhigh confidenceEurope

Program Snapshot

Current status fields and timeline data from the profile record.

Status

NONE

Type

RETAIL

Program classification

Wallets

Not listed

Annual Volume

Not listed

Status and Timeline

Norway Digital Krone timeline data
FieldValue
Announced2016-01-01
Pilot startNot listed
LaunchNot listed
Last verified2026-03-28

Availability

Retail
none
Wholesale
none

Technical Profile

Norway Digital Krone technical profile
AttributeValue
TypeRetail
Architecturetwo-tier
Access modelaccount based
Technology basedlt
Legal tendernone

Capabilities

offline payments: No
programmability: No
cross border: No
interest bearing: No
transaction limits: No

Cross-Border Projects

No cross-border project entries are listed for this profile.

Recent Updates

According to Norges Bank, the Digital Krone project concluded Phase 5 in March 2026 with a definitive decision that introducing a central bank digital currency is currently not warranted. Governor Ida Wolden Bache announced on 10 December 2025 that Norges Bank will be ready to introduce a CBDC if it becomes necessary to maintain payment system efficiency. The exploration work was part of Norges Bank's strategy for 2023-2025, with four reports published 24 March 2026: Norges Bank Papers 1/2026 (final Phase 5 report), 2/2026 (Digital Euro impact assessment), 3/2026 (experimental testing), and Staff Memo 1/2026 (tokenized deposits and wholesale CBDC). Both retail and wholesale CBDC were assessed during Phase 5, with DLT platforms tested. Norges Bank will continue to explore tokenisation and different forms of CBDC through experimental technology testing in collaboration with other payment system participants.

Updated: Mar 28, 2026

Frequently Asked Questions

Does Norway have a CBDC?

According to listed sources, Norway is developing Norway Digital Krone, currently in none phase.

What is the current status of Norway's CBDC?

Norway Digital Krone is in none phase as of 2026-03-28.

When did Norway start CBDC pilot activity?

No pilot start date is listed for this program.

How many users or wallets are reported for Norway's CBDC?

Wallet metrics are not listed in the current dataset.

Is Norway's CBDC retail, wholesale, or hybrid?

Norway Digital Krone is categorized as retail.

Which institution manages Norway Digital Krone?

Norway Digital Krone is managed by Norges Bank.

Related CBDCs

Sources

Sources

Last verified: 2026-03-28

  • Norges Bank

    central bank

    Primary sourceArchiveURL: activeChecked: 2026-04-09T09:32:33.675Z
  • Exploration of central bank digital currency - Norges Bank News

    central bank

    Primary sourceArchiveDate: 2026-03-24URL: activeChecked: 2026-04-09T09:32:33.651Z
  • Central bank digital currency - final report for project Phase 5

    central bank

    Primary sourceArchiveDate: 2026-03-24URL: activeChecked: 2026-04-09T09:32:34.203Z

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Methodology

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