The Riksbank tests cross-border payments with the e-krona
Sveriges Riksbank and the central banks of Israel and Norway and the Bank for International Settlements (BIS) are launching Project Icebreaker, a joint exploration of how Central Bank Digital Currencies (CBDCs) can be used for international retail and remittance payments.Cross-border payments continue to be plagued by high costs, low speed, limited access and insufficient transparency. The G20 has launched an ambitious programme to improve cross-border payments, aiming to achieve faster and cheaper, as well as more transparent and inclusive cross-border payments. One of