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PortuguêsSweden’s financial regulator, Finansinspektionen, or FI, has issued a fresh warning to retail traders about the high risks and low consumer protections associated with crypto-related investments. In an announcement published on…
Continue ReadingSweden’s central bank has extended an ongoing pilot aimed at creating a digital version of the Swedish krona until 2022, as was recently announced by the nation’s Riksbank. In combination…
Continue ReadingThe world’s oldest central bank, Sweden’s Riksbank, is to extend its pilot project for a potential central bank digital currency (CBDC) for another 12 months. According to a press release…
Continue ReadingCentral Bank Digital Currencies, or CBDCs, were the talk of the town for many in crypto and banking in 2020, with Sweden’s prospective e-krona one of the frontrunners. Sweden’s central…
Continue ReadingCentral Bank Digital Currencies (CBDCs) have been an integral part of progressive discussions within the cryptocurrency community. CBDCs are virtual representations of the fiat currency of a particular country. They…
Continue ReadingSwedish banks have expressed apprehension over the central bank’s proposed e-krona digital currency and how it could affect their industry. With Sweden the nation that uses cash the least globally,…
Continue ReadingBitcoin miners are finding the Nordic lands a profitable opportunity to boost their revenues due to a plunge in electricity prices at the cheapest levels than any other well-known places…
Continue ReadingOne of the largest bitcoin mining operations in the world, Genesis Mining, has been working on an experiment with Systemair, Lulea Technical University, Research Institute of Sweden, and the local…
Continue ReadingEuropean bitcoin exchange Safello says it’s raised 11 million Swedish krona ($1.3 million) to cover the costs of a planned stock exchange listing in the first half of 2021. The…
Continue ReadingThe Swedish government is progressing with its central bank digital currency, or CBDC, by launching a formal review of a potential transition to the digital currency. According to a Dec.…
Continue ReadingAs part of DC Fintech Week, a digital conference on the governmental side of the financial technology sector, several international leaders gathered for an Oct. 19 panel called: Central Banks, CBDCs…
Continue ReadingJapanese banking officials continue to voice concern over China’s progress in the development of its central bank digital currency. Kenji Okamura, vice-finance minister for Japan’s international affairs, warned the global…
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