Riksbank Urges Sweden to Prepare for Possible Digital Krona
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Sweden’s central bank wants lawmakers to prepare for a potential digital krona, pointing to foreign-currency stablecoins and concerns about domestic payments.
Sweden’s Riksbank has advised lawmakers to lay the groundwork for a possible digital krona as the country considers the future of its payment system.
The central bank cited concerns about stablecoins denominated in foreign currencies and their potential implications for domestic payments.
The recommendation comes as the European Central Bank moves forward with digital euro plans. It calls for preparation in Sweden, rather than announcing a decision to issue a digital krona.
Source: Cointelegraph
