News
The mainstream market now has a new way of buying and selling the crypto asset Polkadot — via an exchange-traded product.
12013
Sweden News
The Kingdom of Sweden is a Scandinavian country in northern Europe. Sweden has the third-largest area in the European Union and a total population of over 10.1 million. Sweden has one of the highest gross domestic product per capita and is considered to be the seventh richest country in the world. The Swedish economy is built on engineering, telecommunications, automotive and pharmaceutical industries. Sweden has a developed IT-sector and is interested in blockchain projects. Sweden has not banned Bitcoin, but established a regulatory framework for it. Swedish Bitcoin regulations view mined Bitcoins as an income from a hobby and has no tax over mining, if it is performed in Sweden by individuals. The Swedish financial supervisory authority is the organ responsible for Bitcoin regulation and requires cryptocurrency services to report Bitcoin trading as a financial service.
- News
Riksbank governor Stefan Ingves said there’s “good reason to believe” that more regulatory oversight of cryptocurrencies is in the pipeline.
6056 - News
Sweden will trial its CBDC with a live banking participant. The experimentation will involve participation between Riksbank and Handelsbanken, a retail bank chain based in Sweden.
11178 - News
Stockholm-based crypto brokerage Safello saw its IPO oversubscribed by nearly $60 million, or 1,240% from the planned $5 million.
9126 - News
Almost 5 million Swedes have indirect exposure to Bitcoin through the shares held by state pension fund AP7.
7483 - News
The Sveriges Riksbank said that CBDC technology still requires further investigation.
11518 - News
Sweden's financial regulator thinks retail investors should stay away from financial products that have volatile cryptocurrencies as their underlying asset.
6497 - News
Sweden's exploration into CBDCs will continue until 2022 as the nation's central bank seeks to construct a digital version of the krona.
15694 - News
Sweden’s central bank deputy governor recently updated the public on the country’s CBDC exploration.
13704 - New Year Special
2021 and 2022 are touted to be the most important years for the development of CBDCs.
13161 - News
Sweden is examining the risks and consequences of moving its economy to its e-krona digital currency.
8837 - News
Central bank digital currency interest continues gaining global traction.
2889 - News
China might gain control over global CBDC standards, a Japanese official warns.
4799 - News
Unlike China, Sweden, and Canada, Australia is reluctant to issue a CBDC.
8812 - News
The 2020 pandemic could accelerate global efforts to issue CBDCs, say BIS analysts.
8496