Sweden 'Most Cashless' Society in the World

The video discusses the decline of cash usage in Sweden, where over a third of Swedes never use cash. Sweden's tech-savvy society has embraced mobile payments, leading to a rapid transition to a cashless society. While this benefits central banks by facilitating non-traditional monetary policies, the Riksbank is concerned about the speed of this transition and its impact on payment infrastructure. The Riksbank is exploring options like the E Kroner to ensure cash access, amidst protests against limited cash availability.

What measures are being considered to address the issues arising from a cashless society?

What is the E-krona and what challenges does it present?