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Riksbank

Swedish central bank concludes proof of work blockchains are unacceptable
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18 July, 2024

Swedish central bank concludes proof of work blockchains are unacceptable

In its report, Sweden's Riksbank sees a semi-centralized blockchain for its CBDC as the most optimal model over a fully...
Sweden CBDC phase 3 trials focus on governance, programmability issues
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17 April, 2023

Sweden CBDC phase 3 trials focus on governance, programmability issues

Riksbank noted that it faces multiple design options for the governance of its CBDC, dubbed e-krona, each offering distinct benefits...
Riksbank wary of digital currencies and stablecoins: report
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17 June, 2022

Riksbank wary of digital currencies and stablecoins: report

Throughout the Cryptoassets and their impact on financial stability report, Riksbank expresses its fears regarding digital currencies and how they...
Sweden central bank partners with local bank for CBDC trial
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3 June, 2021

Sweden central bank partners with local bank for CBDC trial

Handelsbanken, considered to be one of the oldest and largest banks in Sweden, has emerged as the first participant in...
Sweden’s central bank predicts a CBDC in five years
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21 April, 2021

Sweden’s central bank predicts a CBDC in five years

The governor of Sweden’s central bank has issued a five-year time frame within which he expects the country to have...
Sweden central bank concludes first phase digital currency trials
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12 April, 2021

Sweden central bank concludes first phase digital currency trials

The main obstacle encountered during the trial was scalability, which it identified as a potential bottleneck to adoption, according to...
Sweden extends central bank digital currency trial for another year
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21 February, 2021

Sweden extends central bank digital currency trial for another year

A trial of Sweden’s e-krona will be extended for another year to 2021, in a bid to better understand the...
Sweden launches review on possible switch to e-krona
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17 December, 2020

Sweden launches review on possible switch to e-krona

The review will reportedly take two years, with the results expected to dictate the way forward for the European nation.
Swedish central bank wants to host digital currency innovation hub
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19 March, 2020

Swedish central bank wants to host digital currency innovation hub

The Riksbank hopes to secure funding for a period of five years should its application to host the hub be...
The Swedes are giving up on cash, moving to crypto
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29 November, 2018

The Swedes are giving up on cash, moving to crypto

The Swedes are giving up on cash, moving to crypto
Mastercard could allow cryptocurrency transactions—in a way
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20 March, 2018

Mastercard could allow cryptocurrency transactions—in a way

Mastercard could allow cryptocurrency transactions—in a way