Riksbank extends e-krona testing

Sweden's central bank has extended its e-krona pilot project by another year but says it has still not decided whether it will eventually issue the digital currency. With cash usage dwindling in Sweden, the Riksbank started a project in the spring of 2017 to examine the scope for the creation of a central bank digital currency (CBDC) that could ensure that the general public will still have access to a state-guaranteed means of payment.
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