Sweden CBDC phase 3 trials focus on governance, programmability issues
Riksbank noted that it faces multiple design options for the governance of its CBDC, dubbed e-krona, each offering distinct benefits and disadvantages.
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Sweden central bank partners with Israel, BIS on ‘Project Icebreaker’ CBDC test
Sveriges Riksbank is also partnering with Norway in Project Icebreaker to test the viability of CBDCs in international retail and remittance payments.
Sweden central bank partners with local bank for CBDC trial
Handelsbanken, considered to be one of the oldest and largest banks in Sweden, has emerged as the first participant in the central bank digital currency trial spearheaded by Riksbank.
Sweden’s central bank predicts a CBDC in five years
The governor of Sweden’s central bank has issued a five-year time frame within which he expects the country to have a central bank digital currency.
Sweden central bank concludes first phase digital currency trials
The main obstacle encountered during the trial was scalability, which it identified as a potential bottleneck to adoption, according to Riksbank.
Sweden extends central bank digital currency trial for another year
A trial of Sweden’s e-krona will be extended for another year to 2021, in a bid to better understand the benefits and implications of a wider roll-out.
Swedish bankers fear for deposit base as e-krona plans develop
Swedish bankers are weighing up the risks of a digital currency to their deposit base, as plans for the rollout of an e-krona continue at pace.
Sweden launches review on possible switch to e-krona
The review will reportedly take two years, with the results expected to dictate the way forward for the European nation.
Swedish central bank publishes digital currency ‘economic review’
The 98-page document discusses Riksbank’s plans for e-krona, the Swedish central bank’s issued fiat token.
Sweden’s Riksbank warns of ‘e-krona’ crypto scam
The central bank of Sweden has issued a warning to investors over scammers selling a digital version of the country’s currency, the krona, in the latest example of fraudsters operating within the cryptocurrency sector.