PANews reported on November 9 that according to Cointelegraph, the Norwegian central bank, Norges Bank, has recognized the European Crypto-Asset Market Supervisory Authority (MiCA) and is evaluating the possibility of adopting central bank digital currency (CBDC). Kjetil Watne, CBDC project director of Norges Bank, said that Norway, as a member of the European Economic Area (EEA), welcomes MiCA's framework, but he pointed out that the bank is still considering "whether additional regulation is needed to promote financial stability" and has not yet "finally decided" whether to issue CBDC, and will evaluate how to "mitigate regulatory loopholes related to decentralized finance."