The Swedish Ministry of Finance plans to complete work on assessing the consequences of the launch of the state government by the end of 2022.regulated token (CBDC).
According to Bloomberg, the country's authorities decided to accelerate the implementation of the project to create a token tied to the crown, as many countries are also actively workingin the same direction.
PerBolund, who heads the Kingdom's Finance Ministry, said that the department will publish a report on the work doneNovember 2022.
The official also noted:
«It is critical that the digital payments marketoperates safely and is accessible to everyone… depending on what stage of development the digital currency is at and what technologies are used».
Back in October of this year, the chairman of the Bank of Sweden Stefan Ingves spoke about the regulator's readiness to accelerate the creation of the digital crown.He also called on the parliament to approve the crypto-project in a very prompt way.
The country's Central Bank has already begun testing the digital crown. Let us note that the Swedish authorities two years ago promised to begin testing the coin as soon as possible.
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