Sweden Mandates Cash Acceptance, Urges Citizens to Keep Week's Worth at Home for Crisis Preparedness

Sweden is reversing years of cashless payment trends by reinstating mandatory cash acceptance requirements for businesses. The Nordic country is also advising citizens to keep a week's worth of cash at home as part of crisis preparedness measures. The move represents a significant policy shift for Sweden, which has been one of the world's leaders in digital payments and was moving toward becoming a cashless society. The government's recommendation appears linked to national security concerns and the need to maintain economic functionality during potential emergencies or disruptions to digital payment systems.