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Sweden's central bank has told parliament's finance committee that legislation should be prepared for a possible digital krona, citing the ECB's digital euro work and growing use of foreign-currency stablecoins. It estimates a digital krona would take at least five years to launch, excluding legislative changes.
Stablecoins
OdailyAINeutral
Sweden's Riksbank asked parliament to prepare a legal review for a possible e-krona, citing geopolitical risks, the digital euro push and stablecoin growth. It now told the finance committee legislation should be prepared, estimating a launch would take at least five years excluding legislative changes.
Sweden's Riksbank asked parliament to start a legal review for a possible e-krona, citing geopolitical risks, the digital euro push and stablecoin growth as reasons to reassess the need. It said development and deployment would take at least five years, with legal changes needing more time.
Stablecoins
CoinNessAINeutral
Sweden's central bank has told parliament's finance committee that legislation should be prepared for a possible digital krona, citing the ECB's digital euro work and growing use of foreign-currency stablecoins. It estimates a digital krona would take at least five years to launch, excluding legislative changes.
StablecoinsOdailyAINeutral
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