Sweden's central bank is getting anxious and urging lawmakers to push ahead with a digital krona, worried that the digital euro could get there first and foreign-currency stablecoins could seize market share. Europe's CBDC race is clearly accelerating, and the battle to defend monetary sovereignty is underway. What does this mean for crypto? Stablecoins are in the crosshairs, sentiment is bearish in the short term, so don't rush to buy the dip.

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