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Swedish central bank mulls e-currency as cash use drops

Wednesday 16 November 2016 | 12:35 CET | News
Swedish national bank Riksbanken is considering whether to issue a digital currency in response to an increasing move away from cash in the country. Deputy governor Cecilia Skingsley was due to give a speech on the matter at the Fintech hub in Stockholm on 16 November. In the speech, she will point out that a number of bank branches are now cashless, and it is not possible to deal in cash over the counter at these, although some have teller machines.

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Categories: Internet
Countries: Sweden
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