Sweden News

In comments at a Swedish banking conference, Sveriges Riksbank Governor Stefan Ingves warned that private money “usually collapses sooner or later.”

The Swedish prosecutor had argued in court that the man should be stripped of his illicitly earned Bitcoin at the equivalent value in fiat currency at the time of his conviction.

The mainstream market now has a new way of buying and selling the crypto asset Polkadot — via an exchange-traded product.

Riksbank governor Stefan Ingves said there’s “good reason to believe” that more regulatory oversight of cryptocurrencies is in the pipeline.

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.

Stockholm-based crypto brokerage Safello saw its IPO oversubscribed by nearly $60 million, or 1,240% from the planned $5 million.

Almost 5 million Swedes have indirect exposure to Bitcoin through the shares held by state pension fund AP7.

The Sveriges Riksbank said that CBDC technology still requires further investigation.

Sweden's financial regulator thinks retail investors should stay away from financial products that have volatile cryptocurrencies as their underlying asset.

Sweden's exploration into CBDCs will continue until 2022 as the nation's central bank seeks to construct a digital version of the krona.

Sweden’s central bank deputy governor recently updated the public on the country’s CBDC exploration.

2021 and 2022 are touted to be the most important years for the development of CBDCs.

Sweden is examining the risks and consequences of moving its economy to its e-krona digital currency.

Central bank digital currency interest continues gaining global traction.

China might gain control over global CBDC standards, a Japanese official warns.