Post a Comment Print Share on Facebook
Featured Metaversum policía y justicia magistratura Alpe Aeroflot Jadebusen

The riksbank warns of cashless society

”the Digitisation of payments can mean that cash will not be generally accepted. It can lead to that the public no longer have any access to central bank money,

- 8 reads.

The riksbank warns of cashless society

”the Digitisation of payments can mean that cash will not be generally accepted. It can lead to that the public no longer have any access to central bank money, which can affect the whole payment system function and effectiveness,” wrote the Riksbank in a press release.

”the use of cash has decreased rapidly in Sweden and it can not be excluded that the cash in the not-too-distant future is no longer widely accepted, which in practice would mean a cashless society.”

And it is urgent, according to the Riksbank:

"the Committee should propose the necessary legislative changes so that Sweden can continue to have a stable and efficient payments market. Then the query is time-critical should be the time of the mission not be too long," writes the bank.

Read also: Kontantfritt can damage personal integrity

Avatar
Your Name
Post a Comment
Characters Left:
Your comment has been forwarded to the administrator for approval.×
Warning! Will constitute a criminal offense, illegal, threatening, offensive, insulting and swearing, derogatory, defamatory, vulgar, pornographic, indecent, personality rights, damaging or similar nature in the nature of all kinds of financial content, legal, criminal and administrative responsibility for the content of the sender member / members are belong.