Sweden’s Central Bank Says to Launch Cryptocurrency Pilot Project

Sweden

Sweden’s central bank said on Friday it would sign a deal with consultancy firm Accenture to create a pilot platform for a digital currency, known as the e-krona.

“The primary objective of the e-krona pilot project is to broaden the bank’s understanding of the technological possibilities for the e-krona,” the Riksbank said in a statement.

Cash use has declined rapidly in Sweden in recent years and the Riksbank has been looking at whether it should issue a digital currency as part of its role to promote a safe and efficient payment system.

Latest Posts
coinrubicon.com

CoinRubicon.com is a crypto news publication that strives to provide the most relevant news to our audience as fast and accurate as possible. CoinRubicon.com is cryptocurrency and blockchain news publication. We work closely with our community to identify points of interest and determine where to spend the most resources. Your voice is very important to us because it can show us what you care about.