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Sweden Reconsiders Digital Krona as ECB Advances Digital Euro Plans

Sweden’s central bank is revisiting the possibility of introducing a digital krona, citing the ECB’s progress toward a digital euro and growing stablecoin use.

Sweden’s central bank is revisiting the possibility of introducing a digital krona, citing the European Central Bank’s (ECB) progress toward a digital euro and the growing use of stablecoins as reasons to reconsider a central bank digital currency (CBDC).In an Oct. 7 letter to parliament’s Finance…