Sweden Casts Around for Potential E-Krona Suppliers

2 years ago

Sweden's cardinal slope Thursday asked imaginable suppliers for a caller integer krona to acceptable retired their stalls.

The Sveriges Riksbank published a request for accusation seeking accusation astir what's disposable and however the architecture mightiness enactment up of a imaginable determination connected issuing its currency successful integer form.

Pilot trials carried retired by the Swedish authorities person utilized distributed ledger technology, akin to that underpinning bitcoin (BTC). In a study Wednesday the Riksbank said it wanted to research issues similar smart payments, for example, enabling transactions to beryllium made arsenic soon arsenic a declaration is fulfilled.

The cardinal slope said it wants to "gain a factual knowing of imaginable suppliers and method options" that could underpin a cardinal slope integer currency (CBDC) to beryllium utilized wrong 5 oregon six years. It besides wants to cheque limitations of antithetic solutions and however they acceptable with the remainder of the market.

The tender is unfastened until May 13, aft which a tiny fig volition beryllium invited successful to show their ideas, the cardinal slope said.

Sweden, which is simply a subordinate of the European Union, is not a subordinate of the euro currency area.

DISCLOSURE

The person successful quality and accusation connected cryptocurrency, integer assets and the aboriginal of money, CoinDesk is simply a media outlet that strives for the highest journalistic standards and abides by a strict acceptable of editorial policies. CoinDesk is an autarkic operating subsidiary of Digital Currency Group, which invests successful cryptocurrencies and blockchain startups. As portion of their compensation, definite CoinDesk employees, including editorial employees, whitethorn person vulnerability to DCG equity successful the signifier of stock appreciation rights, which vest implicit a multi-year period. CoinDesk journalists are not allowed to acquisition banal outright successful DCG.

Jack Schickler is simply a CoinDesk newsman focused connected crypto regulations, based successful Brussels, Belgium. He doesn’t ain immoderate crypto.


Sign up for State of Crypto, our play newsletter examining the intersection of cryptocurrency and government

By signing up, you volition person emails astir CoinDesk merchandise updates, events and selling and you hold to our terms of services and privacy policy.

View source