Sweden’s Central Bank Governor, Erik Thedeen, has raised concerns about the integration of Bitcoin into the nation’s financial system. His warnings come amidst a surge in the digital asset’s popularity and record-breaking highs in its value.

Sweden’s Central Bank on Bitcoin

Thedeen emphasizes the speculative nature of Bitcoin, stating:

“I want as little Bitcoin as possible in the Swedish financial system, It’s an instrument that is impossible to value, and in practice it’s based on pure speculation.”

This sentiment echoes throughout his statements, highlighting the risks associated with digital assets investments.

Despite Bitcoin’s current lack of threat to financial…

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