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Sweden reverses course: new law forces shops to accept cash
Sweden, once a frontrunner in going cashless, has passed a law requiring shops to accept cash and encouraging citizens to use it again. The government concluded that near-total reliance on digital payments carries unacceptable risks, including system failures and cyberattacks. While Swedes are unenthusiastic about the reversal, authorities point to real vulnerabilities exposed by the cashless experiment.
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