News with the tag "e-krona"

Norway’s central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but officials stress there’s no urgency. Despite Norway’s cashless society, with only 2% using cash, the bank is carefully studying both retail and wholesale CBDC options, emphasizing complex...

The Riksbank, Sweden’s central bank, unveiled its fourth and concluding report on the e-krona pilot project on March 20, presenting detailed insights into the digital currency’s offline functionality. This last phase of the project diverged from its Phase 2 proposition, which primarily used mobile p...