Sweden’s Riksbank Urges Lawmakers to Prepare for Digital Krona

Sweden’s central bank has renewed its push for a possible digital version of the Swedish krona, asking lawmakers to begin preparing the legislation needed to introduce one. The Riksbank’s recommendation comes as the European Central Bank (ECB) advances its digital euro project and concerns grow over the use of foreign-currency stablecoins for payments. In a letter to parliament’s Finance Committee dated October 7 and published on October 15, the Riksbank said recent developments in the payments market had brought the question of a digital krona back into focus.

Source: TheNewsCrypto