Payments in Sweden 2020

3. The Riksbank is adapting to a changing world

Payments in Sweden 2020

3. The Riksbank is adapting to a changing world

The proposed new Sveriges Riksbank Act increases the Riksbank's responsibility for cash distribution and preparedness on the payment market. This year, the Riksbank signed an agreement with the ECB that makes it possible for Sweden to utilise the ECB’s system for payments in real time, TIPS. The Riksbank is also participating in the international work of developing central bank digital currency (CBDC).

Published: 29 October 2020

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