Category: sweden

Swedish Central Bank Bids to Host BIS Hub for Digital Currency Research

Sweden’s Riksbank says its digital currency researchers are the best in central banking. That lofty claim comes in Riksbank’s March 3 bid to host a Bank for International Settlements (BIS) Innovation Hub, an initiative by the “bank of central...

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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...

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Accenture Picked to Build Sweden’s E-Krona Digital Currency Pilot

Notably, those reports revealed Riksbank’s reticence to base any such digital currency on a blockchain or distributed ledger technology (DLT), which Riksbank labeled an “inefficient technology.” But its 2018 report nonetheless stated that “an e-krona should be able to...

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