2019 - E-krona being investigated


The use of banknotes and coins is declining in society. At the same time, technological advances with regard to electronic money and payment methods are proceeding rapidly. The Riksbank sees potential problems with the marginalisation of cash and has therefore initiated a project to develop a proposal for a technical solution for Swedish kronor in electronic form, known as an “e-krona”.

The project was started in 2017 and within the e-krona project, the Riksbank has analysed the need for an e-krona. In 2019, the Riksbank decided to develop an e-krona in a test environment. There is still no decision on whether or not to issue an e-krona, but the Riksbank is investigating the possibilities for issuing an e-krona to increase competence and in this way be prepared to meet a new digital payment market.