CryptocurrencyDennis Sahlstrom

Cryptocurrency
The Central Bank In Sweden Might Be The Worlds First Country To Create A National Digital Currency
Sweden has started to develop a digital currency, e-Krona, since the society in the country use less and less cash. At first, the e-Krona is going to be used alongside cash but might eventually be the only currency used, according to the Swedish news outlet Dagens Nyheter. News broke yesterday that Sweden might be the first country to implement a digital currency, and the development is now underway. Several banks…
BOJ Deputy Governor Rules Out Japanese CBDCs As Long As Cash is Still Popular
Cryptocurrency
BOJ Deputy Governor Rules Out Japanese CBDCs As Long As Cash is Still Popular
The Deputy Governor of the Bank of Japan, Masayoshi Amamiya, has previously spoken negatively on the subject of central bank-issued digital currencies – so-called CBDCs – and in April of this year, he was quoted as saying that they could potentially destabilize the entire existing financial system. Furthermore, the Deputy Governor has this weekend once again made his opposition to CBDCs known in a speech to academics in Nagoya, Japan.…