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Banks Reject Fears That Sweden May Run Out of Cash

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Sweden 'Most Cashless' Society in the World
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Sweden’s biggest banks say warnings that the country might be running dangerously low on cash are overblown.

The Swedish central bank has in recent weeks sounded the alarm, arguing that the largest Nordic economy may be going cashless too fast. Riksbank Governor Stefan Ingves has even called for legal changes to safeguard the governance of Sweden’s payment system.