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What is the digital currency used in Sweden called?

avatarme 2StudentDec 27, 2021 · 3 years ago3 answers

Can you tell me the name of the digital currency that is used in Sweden? I'm curious to know what it is and how it works.

What is the digital currency used in Sweden called?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The digital currency used in Sweden is called the e-krona. It is a central bank digital currency (CBDC) issued by the Swedish central bank, the Riksbank. The e-krona is designed to complement cash and provide a secure and efficient payment system. It is still in the development phase, and the Riksbank is exploring different technical solutions for its implementation.
  • avatarDec 27, 2021 · 3 years ago
    In Sweden, the digital currency is known as the e-krona. It's a digital version of the Swedish krona, the country's official currency. The e-krona is being developed to meet the changing needs of the digital economy and provide a secure and convenient payment method for Swedish citizens. It aims to offer the benefits of digital transactions while maintaining the stability and trust associated with traditional currencies.
  • avatarDec 27, 2021 · 3 years ago
    The digital currency used in Sweden is called the e-krona. It is an initiative by the Riksbank to explore the potential of a central bank digital currency. The e-krona aims to provide a safe, efficient, and reliable payment system that can be used by individuals and businesses in Sweden. It is still in the testing phase, and the Riksbank is working on addressing various technical and regulatory challenges before its potential launch.