SWEDEN RIKSBANK URGES PREPARATIONS FOR POTENTIAL DIGITAL KRONA AMID ECB DIGITAL EURO PUSH

What happened: Sweden's Riksbank asked lawmakers to begin preparatory legislative work on a possible digital krona, citing payments changes driven partly by the ECB's digital euro project. The Riksbank has not taken a position on whether to introduce it. Key numbers: Letter dated 7 October, published 15 October 2026. Why it matters: The Riksbank warns Sweden's payments system competitiveness could erode without a krona-based option, and foreign stablecoin use could pressure krona demand. It suggests using the ECB's digital euro infrastructure if Sweden proceeds.

Sweden's Riksbank asked lawmakers to begin preparatory legislative work on a possible digital krona, citing payments changes driven partly by the ECB's digital euro project. The Riksbank has not taken a position on whether to introduce it.

The Riksbank warns Sweden's payments system competitiveness could erode without a krona-based option, and foreign stablecoin use could pressure krona demand. It suggests using the ECB's digital euro infrastructure if Sweden proceeds.