Deputy Governor of the Swedish Central Bank: More than 50% of the possibility of issuing central bank digital currency in the next decade

During the joint spring meeting of the World Bank Group and the International Monetary Fund (IMF) this year, the Swedish central bank deputy governor Cecilia Skingsley revealed that the possibility of the Swedish central bank issuing its own digital currency e-krona in the next decade is more than 50%. Timothy Lane, the deputy governor of the Bank of Canada, explained the costs and benefits, risks and opportunities of issuing CBDC. He believes that part of the main motivation for issuing CBDC is that the public must be convinced that this is what they want to hold.