Sweden does not yet need a central bank digital currency (CBDC), a government-appointed investigation said today (March 31).

After more than two years’ work, the Payments Investigation presented over 900 pages of analysis to the government. The inquiry, led by Anna Kinberg Batra, concluded the case for a Swedish CBDC or e-krona is not yet strong enough.

It recommended Sveriges Riksbank continue to study CBDC and return to Sweden’s parliament in 2024 with new proposals, if warranted.

The team