#e-krona

Swedish Central Bank Releases the First Study About Its CBDC E-Krona Pilot

The Swedish central bank keeps making steps towards modeling its e-krona pilot project by issuing a detailed report of the results of phase one for the path ahead. Riksbank is still optimistic about launching its central bank digital currency (CBDC), but there are hurdles to clear out on the road. Riksbank to Spend Another Year Exploring Solutions for the Pilot According to the report named…

Swedish Bankers Express Concern Over Central Bank’s e-Krona Plans

While Sweden’s central bank is exploring the possibilities of creating its proposed central bank digital currency (CBDC) known as the e-krona, bankers in the country do not seem thrilled about the idea, as they are worried that a CBDC could affect the banking system.  Riksbank’s Proposed e-Krona Could Affect Commercial Banks According to Reuters onRead More

Swedish Bankers Air Concerns Over E-Krona Digital Currency Plan

Swedish banks have expressed apprehension over the central bank’s proposed e-krona digital currency and how it could affect their industry. With Sweden the nation that uses cash the least globally, the Riksbank has been considering taking digital payments using the e-krona mainstream. Late last year, Sweden’s financial markets minister, Per Bolund, said the Riksbank finance committee had…

Swedish Central Bank Governor Makes Strong Case for E-Krona Amid Declining Cash Use

Swedish central bank chief is banking on e-krona in a push for central bank digital currencies (CBDC). All-In on E-Krona Stefan Ingves, the governor of the Swedish Central Bank — Riksbank – on Thursday argued in an economic note that Sweden shall have its own CBDC dubbed e-krona issued by the apex bank. “There shallRead More

Sweden’s Central Bank Releases 98-page Report On Central Bank Digital Currencies

Sveriges Riksbank, Sweden’s central bank just released a 98-page report on central bank digital currencies, referencing the country’s own such asset — the e-krona. 

In an initial note to readers, Riksbank’s June 18, 2020 report said:

“The second issue of Sveriges Riksbank Economic Review in 2020 has a special theme, namely central bank digital currencies (CBDC) and the e-krona.”

Sweden’s Central Bank Finally Embraces DLT – But Only in Simulation Mode

Sweden’s central bank will soon trial a blockchain-based digital currency – but it’s still in its very early stages, at best.

Announced Thursday, Sveriges Riksbank’s e-krona pilot is the latest attempt at a central bank digital currency (CBDC) from an institution that for years fretted over basing any such project on distributed ledger technology (DLT).

For now at least, the e-krona pilot is…

Sweden’s Central bank Partners With Accenture to Launch E-Krona

The Swedish central bank announced that Accenture, an Irish-domiciled multinational professional services company, will be its technology partner to create a pilot platform for a central bank digital currency (CBDC) known as the e-krona. The news was released by all-stocks.net on December 16. Sweden: Cashless Society and Digital Transformation Sweden is coming in strong for theRead More