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In 2022, which country launched a digital currency called the 'e-krona'?

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Question: In 2022, which country launched a digital currency called the \'e-krona\'?

Options:

  1. Sweden
  2. China
  3. Canada
  4. Australia

Correct Answer: Sweden

Solution:

Sweden began trials for its digital currency, the \'e-krona\', in 2022.

In 2022, which country launched a digital currency called the 'e-krona'?

Practice Questions

Q1
In 2022, which country launched a digital currency called the 'e-krona'?
  1. Sweden
  2. China
  3. Canada
  4. Australia

Questions & Step-by-Step Solutions

In 2022, which country launched a digital currency called the 'e-krona'?
  • Step 1: Identify the year mentioned in the question, which is 2022.
  • Step 2: Look for information about countries that launched digital currencies in 2022.
  • Step 3: Find out that Sweden is the country that started trials for a digital currency.
  • Step 4: Confirm the name of the digital currency, which is 'e-krona'.
  • Step 5: Conclude that Sweden launched the 'e-krona' in 2022.
  • Digital Currency – A form of currency that is available only in digital form, not in physical form.
  • Central Bank Digital Currency (CBDC) – A digital currency issued by a country's central bank, representing a digital form of fiat money.
  • E-krona – The name of Sweden's proposed digital currency, which is part of its exploration into digital financial systems.
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