Sweden’s central bank revives e-krona debate as stablecoins and digital euro loom

The Riksbank sees an e-krona as critical to securing national payments and monetary control.

Source: CoinDesk

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DW NOTE

Sweden's central bank wants five years and new legislation to build what Sweden's government already decided in 2023 the country doesn't need. The Riksbank's argument is that stablecoins and a digital euro might make kronor less convenient — which is another way of saying people might prefer currencies that don't require parliamentary approval to transfer.

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