Sweden’s Riksbank says its digital currency researchers are the best in central banking.
Riksbank's e-krona pilot will run on distributed ledger tech, but the entire project will be operated as only a simulation through at least 2021.
Sweden's Riksbank has looked into the viability of central bank digital currencies for its local market.
Sweden has picked Accenture to handle its e-krona digital currency pilot.
A senior economist at Sweden's Riksbank says central banks need to "keep up" with cryptocurrency advancements like Libra and XRP.