IMF Staff Country Reports

Sweden: Financial Sector Assessment Program–Technical Note on Central Bank Digital Currency and Fintech

Publication Date:

April 5, 2023

Electronic Access:

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Summary:

The Swedish economy is characterized by high adoption of digital services in the financial sector, as shown by a thriving Fintech sector, and the ongoing analysis on whether to issue a Central Bank Digital Currency (CBDC). This technical note looks at the systemic risks stemming from the potential issuance of CBDC in Sweden, as well as the growing significance of the Fintech sector. This note does not evaluate the benefits of CBDC, or the Fintech sector.

Series:

Country Report No. 2023/134

Subject:

International organization Monetary policy

Frequency:

regular