Swedish central bank partners with Accenture to launch e-krona e-krona pilot platform

According to a report by Reuters on December 13, the Riksbank of Sweden plans to create a digital currency pilot platform called e-krona.


(Source: riksbank )

Swedish central bank cooperates with Irish Accenture

The report said that the Swedish central bank said it would work with Irish professional services company Accenture to create a pilot platform for eKrone. The move aims to increase understanding of the potential of digital currencies. The line says:

With the pilot project, the Swedish central bank hopes to further understand the technological potential of eKrona.

Governor of the Bank of Sweden: Libra is "extremely important catalyst"

As the report points out, the Swedish central bank has been closely monitoring whether digital currency should be issued, given the sharp decline in cash use in Sweden in recent years.

In fact, the Swedish central bank seems to have been paying close attention to issues surrounding digital currencies. In mid-October, Stefan Ingves, the governor of the Bank of Sweden, mentioned that the Libra stablecoin project on Facebook was a "very important catalytic event", and these measures will make central banks around the world do a good job of digital transformation ready.

However, just today, Switzerland-where the Crypto Valley is located-suddenly suspended the issuance of digital francs. According to the Daily Telegraph, the country ’s federal commission has concluded that central bank digital currencies fail to meet expectations for payment efficiency, effective monetary policy and a more stable financial system. Overall, the disadvantages outweigh the benefits.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!


Was this article helpful?

93 out of 132 found this helpful

Discover more


Crypto Crusader Congressman Tom Emmer Strikes Back Proposed Restrictions Aim to Reign In SEC's Crypto Crackdown

Tom Emmer is pushing for a reform that would curb the SEC's influence on the cryptocurrency industry.


Tim Draper Reaffirms Bitcoin’s Transformational Potential 🚀

Renowned for being an early adopter of Bitcoin, Tim Draper has once again captured the attention with his reiteration...


The Rise and Fall of Solana and its Memecoins: A Wild Rollercoaster Ride in the Crypto Market 🎢

The Solana ecosystem saw tremendous growth in popularity towards the end of last year, largely due to the success of ...


Crypto Wallet-Draining Kit, Inferno Drainer, Bids Fiery Farewell

Fashionista, the beloved Inferno Drainer is officially closing its doors after helping facilitate a staggering $80 mi...


Banks on the Brink: Robert Kiyosaki Warns Investors to Prepare

Bitcoin has gained significant recognition with an endorsement from Robert Kiyosaki, renowned author of the bestselli...


💼 Coinbase Introduces ‘Wallet as a Service’: Simplifying On-Chain Wallet Deployment

Coinbase has recently released its 'Wallet as a Service' feature for Web3.0, further solidifying its position in the ...