Riksbank Urges Parliament to Revisit E-Krona as Stablecoin Risks Grow
- —Only 5% of Swedes used cash for their most recent purchase, a Riksbank survey showed
- —Jansson said legislation and practical preparations for an e-krona would take at least five years
- —The ECB could launch a digital euro in 2029
- —The Riksbank has not formally endorsed an e-krona, leaving the decision to parliament
Why it matters: Sweden may revisit its stance on a CBDC, sharpening competition with private stablecoins across Europe.
Source: Crypto Economy