Sweden’s central bank completes second phase of e-krona testing
Cointelegraph
Published Apr 06, 2022 01:30PM ET
Updated Apr 06, 2022 03:00PM ET
The Swedish central bank’s digital currency project, a proposed CBDC, known as the e-krona has successfully finished its second phase of trials. According to Riksbank, the nation's central bank, the asset is now technically ready to be integrated into banking networks and facilitate transactions.
During the second phase of the e-krona pilot project — which began in February 2021 — the CBDC was investigated on the matter of its technical ability to function within the country’s existing digital banking infrastructure. Participating banks included Handelsbanken and Tietoevry.
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Written By: Cointelegraph
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