Sweden e-Krona event

cbdc · PageRank 0.0022

Also known as: e-krona

Overview

The e-krona was Sveriges Riksbank's pilot project exploring a Swedish central bank digital currency, run in four phases, with the technical pilot ending in 2023 and a fourth and final report published in March 2024. The pilot examined how an e-krona could integrate into banks' and payment service providers' existing systems, its legal characterisation as an electronic form of cash, and offline payment functionality, which produced mixed results but was judged feasible given the right boundaries and regulatory framework. No decision has been taken on whether to issue an e-krona; the Riksbank's work has shifted to following global developments, particularly the ECB's digital euro.

Within the DeFi Intel graph, Sweden e-Krona connects to 3 tracked entities, most strongly to Sveriges Riksbank, Sveriges Riksbank, R3 Corda.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 3 of 3 total).

Frequently asked questions

How many phases did the e-krona pilot have?

Four; the fourth and final report was published in March 2024 after the pilot ended in 2023.

What did the Riksbank conclude about offline payments?

It found that with appropriate boundaries and a regulatory framework it should be possible to develop a secure and usable offline solution, though pilot results were mixed.

Will Sweden issue an e-krona?

No decision has been made on issuance or on a technical solution or legal framework; the Riksbank is now following global developments, especially the digital euro.