Digital Forensic, Research and Analytics Center

Wednesday, December 7, 2022
spot_imgspot_imgspot_imgspot_img
HomeFact CheckFact-Check: Sweden becomes the first nation to abolish cash?

Fact-Check: Sweden becomes the first nation to abolish cash?

Published on

Subscribe us

Every once in a few months a recurring claim about Sweden seems to make rounds on social media. This claim suggests that Sweden is soon going to become completely cashless. The government is going to abolish all physical cash and shift the model completely to online transactions.

Fact-Check: 

While Sweden has been mostly cashless for quite a few years now. The government has made no official plans to abolish cash based transactions entirely. We went through the government of Sweden’s official website and while the government aims towards eventually making the country cashless, there are no concrete plans to do so. 

Therefore, this claim is misleading. 

- Advertisement -[automatic_youtube_gallery type="channel" channel="UCY5tRnems_sRCwmqj_eyxpg" thumb_title="0" thumb_excerpt="0" player_description="0"]
DFRAC Editor
DFRAC Editorhttps://dfrac.org
Digital Forensics, Research and Analytics Centre (DFRAC) is a non-partisan and independent media organisation which focuses on fact-checking and identifying hate speech. With the popularisation of the internet came the challenge of information overload and often times, our feeds are overpopulated with conflicting, incendiary and false information which is increasingly becoming difficult to ignore and not believe in

Popular of this week

Latest articles

 Did Supriya Shrinate call Rahul Gandhi a Dhongee Hindu? Read- Fact Check

A video is getting viral on social media sites with a claim that Congress...

Does the passenger break window panes of the flight for not allowing namaz in flight? Read- Fact Check

A video is getting viral on social media sites. While sharing this video, users...

Old video of voter fraud at the West Bengal Assembly elections 2022 getting viral as Gujarat elections? Read-fact check

The first phase of the Gujarat Assembly elections took place on December 1, 2022....

Did Digvijaya Singh pray to Allah on the Hindu leader’s death? Read- Fact Check

Congress leader Mangilal Shah passed away on his way to Madhya Pradesh to attend...

all time popular

More like this

 Did Supriya Shrinate call Rahul Gandhi a Dhongee Hindu? Read- Fact Check

A video is getting viral on social media sites with a claim that Congress...

Does the passenger break window panes of the flight for not allowing namaz in flight? Read- Fact Check

A video is getting viral on social media sites. While sharing this video, users...

Old video of voter fraud at the West Bengal Assembly elections 2022 getting viral as Gujarat elections? Read-fact check

The first phase of the Gujarat Assembly elections took place on December 1, 2022....

Did Digvijaya Singh pray to Allah on the Hindu leader’s death? Read- Fact Check

Congress leader Mangilal Shah passed away on his way to Madhya Pradesh to attend...

The reality of “Love Jihad” propaganda and the agenda Behind it

The brutal killing of 27-year-old Shraddha by her partner shocked the whole nation deeply....

Fact Check: Did Nadav Lipid apologize and call ‘The Kashmir File’ brilliant?

The Israeli Film maker and critic termed the movie The Kashmir Files, ‘a vulgar...