Cryptocurrencies

Central Bank Digital Money Won’t Replicate Cash,  Sweden’s Riksbank Says

Photographer: Johan Jeppsson/Bloomberg

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It would be misguided to expect cash-like features of a central bank digital currency, according to one of the monetary authorities furthest ahead in exploring such a system.

Sweden’s Riksbank, which has done more research than most in exploring the feasibility of a digital currency, says users won’t be able to act anonymously in the same way they can with bank notes, according to a report published on Tuesday.