Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight according to the governor of Sweden’s central bank.
It still remains unclear how to regulate a product that’s designed to evade the scrutiny of national authorities.
#Sweden's central bank to work with Handelsbanken to test how the digital currency “e-krona" could handle payments in the real world.#DigitalCurrency #crypto
— SeaHedge (@SeaHedger) May 28, 2021
Sweden like China is one of the more advanced countries in its efforts to develop a central bank for digital currency.
Meanwhile In the U.S Federal Reserve officials are in the process of studying “the various ways to address this issue”
