Which country is set to become the first ever cashless country in the world?

Which country is set to become the first ever cashless country in the world?
[A]Sweden
[B]Netherland
[C]Austria
[D]Singapore

Sweden
Sweden is set to become the first ever cashless country in the world. As per the study by the KTH Royal Institute of Technology, today five of six major banks in Sweden are already refusing to operate cash. As a result, and considering the latest Authority guidelines, Bitcoins has the potential to become a commonly used currency in Sweden.

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This question "Which country is set to become the first ever cashless country in the world?" was published on GKToday on October 29, 2015 at 2:40 pm. For Current Affairs Questions Archive Click Here. For General Knowledge Questions Archive Click Here.

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