Payments Report 2024

Work on the e-krona continues

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Important to prepare legislation prior to an e-krona

Published: 14 March 2024

Legislative work on a possible e-krona needs to begin now. Otherwise, the lead time for the introduction of the e-krona could be long if the Riksdag decides to authorise the Riksbank to issue one. The European Commission published a legislative proposal for a digital euro in June 2023 and the European Central Bank has decided to move forward with its preparations for a digital euro. This accelerates the need for Swedish legislation to be adapted for a possible e-krona. The Riksbank therefore intends to submit proposals on which legislation may need to be amended prior to the issue of a possible e-krona.