What government is considering a State Crypto Currency? Sweden
What are Swedish banker concerns?
- Sweden is already a mostly digital, or cashless
- e-krona users can bypass middlemen, private banks, and connect directly to the Central Bank
- Commercial banks would become dependent on wholesale markets for liquidity
- the e-krona is set to be traceable, moving the Central Bank into an area it does not regulate: privacy
ambcrypto | Bankers in Sweden express concerns over e-Krona digital currency project