Tagged: riksbank

Digitalization Improved Swedish Payments Market But New Challenges Emerged – Riksbank Report

The digitalization of the Swedish payments market has contributed to faster, smoother and more efficient payments, according to a research report from Riksbank. But this development has also brought a number of challenges. Several groups in society “experience digital and financial exclusion, and there are… Read More

CBDCs: Sweden’s Reserve Bank Is Reportedly Working with Commercial Lender to Test Proposed Virtual Currency

Sweden’s reserve bank will reportedly be working cooperatively with commercial lender Handelsbanken in order to test out how the nation’s proposed digital currency, the e-krona,  may handle payments in the real world, the Riksbank revealed on Friday (May 28, 2021). Reserve banks across the globe… Read More

Consumers Might Shift Financial Holdings to Stablecoin Denominated Assets if Existing Payments Systems aren’t Improved, Sweden’s Riksbank Says

In February 2020, Sweden began piloting an electronic version of its national currency, the e-krona. The European nation’s government had confirmed at that time that the e-krona was a step closer to its official launch as a central bank digital currency (CBDC). Riksbank, the central… Read More

CBDC: Sweden Begins Testing the Electronic Version of its National Currency, the E-Krona

Sweden has reportedly begun piloting an electronic version of its national currency, the krona. The European nation’s government says that the e-krona is a step closer to its official launch as a central bank digital currency (CBDC). The testing of the country’s CBDC will go… Read More

CBDC: Sweden’s Central Bank, Riksbank, Reveals It’s Considering Issuing E-Krona As Cash Use has Declined

The central bank of Sweden, the Riksbank, is responsible for promoting the development and maintenance of an efficient and secure payment system. The reserve bank acknowledges that this task may become more challenging if cash is no longer widely accepted as a means of payment… Read More

Scammers Selling “E-Krona,” Warns Swedish National Bank. There Isn’t One

The Riksbank of Sweden has issued a warning to the public that, “On certain websites and in social media, false information is circulating claiming that the Riksbank is selling e-kronas.” The Riksbank also says it has been contacted by individuals saying they have been solicited… Read More

Video from Davos: The Global Fintech Revolution

The 2017 World Economic Forum held in Davos, Switzerland last week, will soon become a distant memory as participants and observers jet back to their day jobs. But one of the interesting topics tackled as the seminal gathering was the emerging environment of financial innovation… Read More

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