Sveriges Riksbank

Riksbank asks Riksdag to start preparing digital krona legislation, citing digital euro and stablecoins

In a letter to the Riksdag's Committee on Finance dated 7 October 2026 and published on 15 October, Sweden's Riksbank said developments since the Payments Inquiry's report may require a new assessment of a digital krona (e-krona), citing the deteriorating geopolitical situation, the digital euro (ECB pilot planned for the second half of 2027, public launch in 2029) and the growth of stablecoins. The Riksbank has not taken a position on issuance, estimates implementation would take at least five years plus the time needed for legislative amendments, and says it is justified to begin preparing the legal framework now via a public inquiry; it adds that it would be advantageous to use the ECB's digital euro infrastructure.

Sveriges Riksbank