Bitcoin Watch – Sweden could launch the world’s first central bank operated crytocurrency

Sweden’s central bank has announced it is investigating options to launch its own cryptocurrency. The logic behind the move is to support the country’s population who more and more are preferring electronic payments and cards versus notes and coins. According to Bloomberg, financial organisations in Sweden are lobbying against the move, in an attempt to protect their own assets and profits. If Sweden does create its own cryoptcurrency, it will be the world’s first and draw investors away from stateless cryptocurrencies such as Bitcoin.

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