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Sweden’s Central Bank Hastens Plans for National Digital Currency

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Sweden will be the first country to implement a full-fledged digital currency as an official and overt act. However, it is unlikely to be the last. For many reasons, cash and other paper instruments are on the way out. Although it remains the best way to transact peer-to-peer, the risk it entails and its methods of issuance and counterfeit are precisely the factors that created a need for cryptocurrencies in the first place.

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