Riksbank extends e-krona pilot to test offline functionality

Photo: Sveriges Riksbank

Sveriges Riksbank has extended its central bank digital currency (CBDC) pilot for a further 12 months, taking it to February 2022.

In a statement, the central bank said the next phase of the e-krona pilot would focus on testing the offline functions of the CBDC. The Riksbank will also open up the test environment to external participants.

“The aim of the project is to show in a test environment how an e-krona could be used by the general public,” the central bank said. The current pilot is

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