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Riksbank Governor Wants to Downplay Bitcoin in Financial Sector
Sweden’s central bank governor is seeking to push Bitcoin trading out of the country’s financial system, warning of potential losses after the cryptocurrency hit new all-time highs.
“I want to have as few bitcoins as possible in the Swedish financial system,” Erik Thedeen told reporters after a parliamentary hearing on monetary policy on Tuesday. “It is an instrument that is impossible to assess and in practice is based on pure speculation.”