Sweden plans to rollout its centralized digital currency.
Sweden has become the latest country to announce its plan to roll out national digital currency. The central bank of Sweden will sign a deal with multinational professional services company Accenture to begin pilot testing its CBDC.
Sweden has joined the likes of China, Turkey, and France to launch its central bank-issued digital currency. Earlier, South Korea announced to roll out a pilot project regarding its CBDC. The central bank of Sweden revealed that the use of has declined in the country over the last few years.