Norway's central bank, Norges Bank, to decide on establishing its own CBDC next year.Norges Bank is currently developing two possible models for CBDC: retail CBDC for consumers and wholesale CBDC for transactions between banks.Norway is already a cashless society with 98% of the population using debit cards and over 95% relying on mobile payment platforms.Norges Bank aims to give its recommendation on CBDC by 2025 after completing studies and consultations.