Swedish governor calls for laws to protect cash use
Ingves says Sweden must upgrade payments systems and move ahead with e-krona
Sveriges Riksbank governor Stefan Ingves called for the government to change the law to make sure cash is still used in the Swedish economy.
“I believe that stronger legal protection for cash could slow down the decline in its use,” said Ingves in a speech today (October 15). “If it were to be established by law that one was forced to accept cash in Sweden, more of us would probably choose to have cash in our wallets.”
Sweden’s lawmakers would have to make any such change. Cash in circulation
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