Sweden’s Central Bank Finally Embraces DLT, but Only in Simulation Mode
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.
While the Riksbank appears keen to launch the e-krona, bankers are worried about how the digital currency might affect their industry.
Riksbank Governor Stevan Ingves sees a Swedish digital currency as an imperative for the central bank.
Sweden's Riksbank said it would continue work with Accenture on a potential e-krona digital currency until next year.
Sweden's Riksbank has looked into the viability of central bank digital currencies for its local market.
Sweden’s Riksbank says its digital currency researchers are the best in central banking.