What country started the e-krona project in 2017?

The e-krona project was initiated by Sweden in 2017 as part of its exploration into the possibility of issuing a central bank digital currency (CBDC). The decision to investigate digital currency options stemmed from Sweden's rapidly declining use of cash and the increasing prevalence of digital payment methods in the country. The e-krona aims to provide a secure digital alternative that can maintain financial stability, support the economy, and ensure that the general public continues to have access to central bank money.

By focusing on the e-krona, Sweden is taking a proactive approach in adapting to technological changes in the payments landscape, reflecting the growing demand for faster, more efficient, and secure transaction forms. This initiative also puts Sweden at the forefront of discussions regarding the future of money and digital currencies, which many other nations are now starting to explore.