Sweden introduced a technical innovation 350 years ago: it was the first country which printed banknotes as a means of payment. Soon, Sweden could become the first country whose central bank not only introduces a cryptocurrency, it also could replace the entire currency in circulation. Various IT companies are currently working on concepts of an electronic currency on behalf of the “Riksbank”. By the end of the year, the technical and legal possibilities of the “E-crown” will be analysed. This also includes the question if they will use the blockchain technology. If politics gives the go-ahead, a pilot project could start in 2019.

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