February 21, 2024

Sweden does not yet need a central bank digital currency (CBDC), a government-appointed survey said today (March 31).

After more than two years of work, the Payments Survey delivered more than 900 pages of analysis to the government. The investigation led by Anna Kinberg Batra has concluded that the case for a Swedish CBDC or e-krona is not strong enough.

It recommends that Sveriges Riksbank continue to study a CBDC and, if necessary, submit a new proposal to the Swedish Parliament in 2024.