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Sweden reverses course and mandates cash acceptance after years of going cashless
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Sweden reverses course and mandates cash acceptance after years of going cashless

Sweden, long a global leader in cashless payments and once preparing to launch a digital e-krona currency, has now mandated that banks, shops and pharmacies accept physical cash from customers. The policy reversal marks a sharp change of direction for the country, which shares a maritime border with Poland. The move reflects growing concerns about digital exclusion and the resilience of the payment system.

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