Riksbank urges lawmakers to prepare legal framework for e-krona
- —Only 5% of Swedes used cash for their most recent purchase
- —Riksbank flags foreign-currency stablecoins as a risk to the krona
- —An e-krona rollout would take at least five years
- —A digital euro could launch in 2029 if EU lawmakers approve rules
Why it matters: Without a digital form, the krona risks losing ground to stablecoins and the digital euro in retail and cross-border payments.
Source: CoinSpot