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Lynette Zhang, chief market analyst at ITM Trading, discusses the increasing transition to digital currency, emphasizing the importance of physical ownership of assets. Highlighting Sweden’s role as the first to implement negative interest rates and its near cashless society, she notes the country's development of the e-krona, the first central bank digital currency (CBDC). A recent study indicated that the transition to CBDCs is necessary to replace cash as it becomes obsolete. However, Zhang mentions the challenges ahead and the delays encountered by central banks in rolling out digital currencies.