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Fast implementation of crypto regulations is needed and the European regulation may take time to implement. - 2
Norway needs regulation to control its market. Thus, the Central bank is suggestive of national regulation.
The Central Bank suggested that National Crypto rules should be implemented. The Norwegian authorities should establish their regulatory frameworks for cryptocurrency. They should not wait for European regulation to come into effect. As it will take time for the code of assets, they can move on to their regulatory structures.
Though the international regulatory framework is essential, the Norwegian authorities should take a stand to move …
Source: https://www.thecoinrepublic.com/2023/05/26/implement-national-crypto-rules-in-norway-central-bank/