Sweden extends digital krona digital currency pilot until 2022
Sweden’s exploration into CBDCs will continue until 2022, as the nation’s central bank seeks to construct a digital version of the krona. Go to Source Powered by WPeMatico
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Sweden’s exploration into CBDCs will continue until 2022, as the nation’s central bank seeks to construct a digital version of the krona. Go to Source Powered by WPeMatico
Sweden’s central bank deputy governor recently updated the public on the country’s CBDC exploration. Go to Source Powered by WPeMatico
2021 & 2022 touted to be the most important years for the development of CBDCs Go to Source Powered by WPeMatico
Bitcoin miners are finding the Nordic lands a profitable opportunity to boost their revenues due to a plunge in electricity prices at the cheapest levels than any other well-known places for crypto mining. Bitcoin Miners Could Find ‘Lucrative’ Opportunities in Norway and Sweden According to a Bloomberg report, the Nordic region, specifically Norway and Sweden, … Read more
One of the largest bitcoin mining operations in the world, Genesis Mining, has been working on an experiment with Systemair, Lulea Technical University, Research Institute of Sweden, and the local Boden municipality. The teams in Sweden are developing a system that converts excess heat from Genesis’s bitcoin mining to power greenhouse operations. Bitcoin mining is … Read more
Sweden is examining risks and consequences of moving its economy to its e-krona digital currency. Go to Source Powered by WPeMatico
Central bank digital currency interest continues gaining global traction. Go to Source Powered by WPeMatico
China might gain control over global CBDC standards, a Japanese official warns. Go to Source Powered by WPeMatico
Unlike China, Sweden, and Canada, Australia is reluctant to issue a CBDC. Go to Source Powered by WPeMatico
The 2020 pandemic could accelerate global efforts to issue CBDCs, say BIS analysts. Go to Source Powered by WPeMatico