Author: Oliver Torsney

Oliver Torsney covers the intersection of digital finance, regulation, and emerging technology for Digital Euro News. He follows developments in the digital euro project, CBDCs, crypto policy, and Europe fast evolving fintech sector. His reporting focuses on clarity, accuracy, and context to help readers understand how new financial tools are shaping the future of payments and regulation.

The Nordic countries already operate some of the most advanced digital payment systems in the world, according to a new report by the region’s central banks, underscoring the challenge facing the European Central Bank as it designs a digital euro. Cash is rarely used, cards dominate retail payments, and instant bank transfers are widely available, leaving little room for a public digital currency that does not offer clear additional benefits. The report, Payments in the Nordics, published on 11 December 2025 by the central banks of Denmark, Sweden, Norway, Finland, and Iceland, provides a detailed comparison of how consumers and…

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