Norges Bank explores tokenisation with twelve players
Original title (Norwegian): Norges Bank utforsker tokenisering med tolv aktører
Norges Bank has for the first time named twelve financial institutions it is in regular contact with while mapping tokenisation: DNB Carnegie, DNB, Kommunalbanken, Citi, LOKALBANK, SpareBank 1, Bits, KLP, Eika, Euronext, Nordea and SEB. Tokenisation here means representing deposits, money or securities in a shared digital register so transfer and settlement can happen together. Norway is the only Nordic country whose banks have not joined Qivalis, the bank consortium working on a euro stablecoin. The central bank has also repeated that it is not introducing a central-bank digital currency now.