Sweden's Riksbank urges lawmakers to prepare for digital krona
- —Riksbank urged parliament to prepare the legal groundwork for a digital krona
- —It cited foreign-currency stablecoins as a risk to domestic payments
- —Sweden acts as the ECB pushes ahead with its digital euro project
Why it matters: Expanding CBDC efforts in Europe increase regulatory pressure on stablecoins and set a precedent for other central banks.
Source: Cointelegraph