Sweden’s central bank completes first phase of digital currency pilot
“The Riksbank is currently analysing to what extent the information stored in the transaction history can be regarded as information covered by banking secrecy and whether it comprises personal data,” the bank stated.
Interesting article about how the Swedish move to digital currency is going. I remember Sweden was one of the first to look into a digital currency, I just hope that they keep some type of privacy in mind if/when they role it out. I'm still thinking about the bigger picture with all this digital currency stuff, if all these countries go digital what's to stop people from moving from say Krona to Dollar with a click of the button? Right now at least, money is kind of trapped in a bank that doesn't allow changing of currencies, I imagine that someone would come out with an app that let's you change between currencies fairly easily. Could be a huge effect on markets and currencies around the world.....
Read the full story here....
https://cointelegraph.com/news/sweden-s-central-bank-completes-first-phase-of-digital-currency-pilot
Anytime that a country can get around the Swift system, it makes them a lot more independent.
No wonder that China is moving so fast into a digital currency.