OSLO, NORWAY - November 4, 2025 - Norwegian Block Exchange AS (NBX), a leading
Nordic crypto service provider and first Norwegian listed active Bitcoin
treasury company, today announced that the company has been recognised for doing
important R&D initiatives related to being the only issuer of a stablecoin in
Scandinavia.
The government research council has confirmed that the company is eligible for
receiving support in developing blockchain-based infrastructure. The initiative
prioritizes full compliance with GDPR and the Markets in Crypto-Assets
Regulation (MiCA), demonstrating NBX's commitment to operating within
established regulatory frameworks. The company has already issued the first
Asset Reference Token under the new regulation, and this is another step in
becoming a unique full-service crypto asset service provider. The infrastructure
will also be applied to developing a Euro stablecoin, which according to the ECB
is vital in protecting the geoeconomic and strategic position of Europe in the
long run.
"We are committed to building secure, compliant, and robust digital asset
solutions that meet the highest regulatory standards," said Nicolai Lunde, Chief
Financial Officer. "This initiative represents our dedication to innovation
while maintaining the rigorous security and compliance frameworks our
stakeholders expect."
About Norwegian Block Exchange (NBX)
Founded in 2018, Norwegian Block Exchange (NBX) is a trusted cryptocurrency
exchange serving the Nordic market. Licensed and regulated in Norway, NBX offers
secure trading of digital assets, custody solutions, and blockchain technology
services for retail and institutional clients. NBX is committed to providing a
compliant trading environment with robust security measures and transparent
operations. The company issued the first credit card in the world with BTC
cashback.
Contact:
Stig Kjos-Mathisen, CEO
stig.aleksander.kjos-mathisen@nbx.com
+47 932 87 572