Next Big Crypto Market? Cash is Rapidly Disappearing in Sweden

Half of Sweden’s retailers predict that the country will stop accepting cash by the end of 2025, the New York Times reported. Sveriges Riksbank, the central bank of the country, is already testing a digital currency called the e-krona. Could the declining usage of cash in Sweden lead to a potent market for crypto? Preparing For a Cashless Society Commercial banks, businesses, and individuals in Sweden are preparing for the creation of a completely cashless society within the next decade. Stefan Ingves, the governor of Riksbank, said: “When you are where we are, it would be wrong to sit back … Continue reading Next Big Crypto Market? Cash is Rapidly Disappearing in Sweden