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.

Swedish Central Bank Delays CBDC Plans Again

The world’s oldest Central Bank, Sweden’s Riksbank, published results of its pilot project for its proposed central bank digital currency, the e-krona.

Sweden’s central bank completes first phase of digital currency pilot

The Sveriges Riksbank said that CBDC technology still requires further investigation. After completing the first phase of its digital currency pilot project, Sveriges Riksbank has found some critical issues that must be addressed before Stockholmers can buy coffee and kanelbullar with e-krona. In a recent study, Sweden’s central bank presented the first results of its central bank digital currency pilot on a network based on R3’s Corda blockchain. The Riksbank simulated core aspects of a potential CBDC system, including liquidity supply via the Riksbank’s settlement system, RIX, and network members serving as e-kronor distributors.

Swedish Central Bank Wants ‘Market Actors’ to Join Next Stage of CBDC Pilot

Sweden’s central Riksbank is forging ahead with its e-krona pilot project, and has outlined the next steps it wants to take – putting it on track to become the first European nation to roll out a central bank digital currency (CBDC). The Riksbank has been bullish about issuance, but will still have to convince politicians in the country to grant it the legal powers to

Sweden extends digital krona digital currency pilot until 2022

Sweden's exploration into CBDCs will continue until 2022, as the nation's central bank seeks to construct a digital version of the krona. Sweden’s central bank has extended an ongoing pilot aimed at creating a digital version of the Swedish krona until 2022, as was recently announced by the nation’s Riksbank. In combination with professional services firm Accenture, the “e-krona” pilot program was created to address what the Riksbank sees as “the marginalization of cash”: “The Riksbank sees potential problems with the marginalisation of cash and has therefore initiated a pilot project to develop a proposal for a technical solution for a central bank digital currency, an e-krona that can work as a complement to cash." The recent announcement states that no decision has been made on how, or even if, the e-krona will be issued.

World’s Oldest Central Bank Extends Digital Currency Test Till 2022

Sweden's Riksbank said it would continue work with Accenture on a potential e-krona digital currency until next year.

Swedish Bankers Air Concerns Over E-Krona Digital Currency Plan

While the Riksbank appears keen to launch the e-krona, bankers are worried about how the digital currency might affect their industry.

Sweden Launches E-krona Feasibility Review

Sweden’s central bank, the Riksbank, has edged another step closer to launching its much anticipated central bank digital currency (CBDC), dubbed the e-krona – with a lengthy government review of the consequences of a national CBDC rollout beginning today. Back in February this year, Sweden gazumped many of its European and intercontinental counterparts by announcing

E-Krona or Bust, Says Sweden’s Chief Central Banker, Trying to Drag Swedish Govt Into Digital Age

Riksbank Governor Stevan Ingves sees a Swedish digital currency as an imperative for the central bank.

World’s Oldest Central Bank Reviews Possible Digital Currency With Mixed Results

Sweden's Riksbank has looked into the viability of central bank digital currencies for its local market.