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Topic: [2017-01-02] DCEBrief - Sweden’s eKrona Initiative Faces Public Skepticism (Read 176 times)

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Sweden’s eKrona Initiative Faces Public Skepticism

When Sweden’s Riksbank announced in November that the nation might be launching its own digital currency within the next two years, many in the FinTech community reacted positively. The central bank at the time noted that they were considering the creation of the eKrona due to the 40% reduction in cash transactions that the nation had experienced over the last seven years. Since the public already seemed to be moving away from cash and to other payment methods like credit cards and online commerce, the idea of issuing a new electronic currency seemed like a move that everyone could get behind.

According to a December Sifo survey conducted for software company Tieto, however, the public apparently doesn’t see it that way.

Read the full story: https://dcebrief.com/swedens-ekrona-initiative-faces-public-skepticism/
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