Sweden May Issue a National Cryptocurrency, e-Krona, within Two Years

[kreslik.news]

The Central Bank of Sweden is reportedly contemplating adopting a national digital currency as a complimentary solution to a sharp decline in the use of physical cash in the country. The proposed e-krona might be launched as soon as just two years from today according to the FT.

If and when the plan comes to effect it will have historic implications. The institution, Riksbank, is the oldest central bank in the world- established 1668 – and the krona has been the official currency of Sweden since 1873.

“The less those of us living in Sweden use bank notes and coins, ... (read more)