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