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.
Sweden’s central bank plans to create a pilot platform for a new digital currency, called the e-krona, in latest in European CBDC news.
Sweden's Central Bank to Partner with Accenture to Launch E-Krona
Swedish financial regulators have given Swiss crypto firm Amun approval to offer its exchange-traded products to investors in Sweden and the EU.
Crypto Gains New EU Stronghold as Sweden Approves Swiss ETP Startup
Here is a list of where and how to secure ownership rights for businesses and real estate through a blockchain.
Blockchain Registers for Recording Ownership Rights Around the World
Ripple’s investment arm and tech incubator Xpring has invested in Swedish crypto self-custody startup Towo Labs to build hardware wallet firmware supporting XRP...
Xpring Invests in Swedish Startup to Build XRP Hardware Wallet Firmware
The head of Sweden’s Riksbank has characterized Libra as “an incredibly important catalytic event” that is spurring central banks to ready themselves for digita...
Libra an ‘Important Catalytic Event,’ Says Swedish Central Bank Chief
QuickBit crypto exchange announced that some sensitive user data had been exposed due to a data management issue.
Swedish Crypto Exchange QuickBit Announces User Data Breach
Italy, Sweden and the Czech Republic to preside over the European Blockchain Partnership promoted by European Commission.
Italy, Sweden, and Czechia to Lead European Blockchain Partnership