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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.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

The 2020 pandemic could accelerate global efforts to issue CBDCs, say BIS analysts.

Public interest in central bank digital currencies surpasses Bitcoin in 2020

2020-08-24T12:21:00+01:00

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Sweden's central bank just released a massive report on central bank digital currencies.

Sweden's Central Bank Releases 98-Page 'Economic Review' Devoted to CBDC

2020-06-24T23:00:52+01:00

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Nestlé, the world’s biggest food and beverage firm, expands its long-running IBM Food Trust blockchain technology platform to its coffee brand Zoégas.

Nestlé Rises to DLT Challenge, Expands IBM Food Trust Blockchain Tool to Coffee

2020-04-06T18:37:00+01:00

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Sweden’s central bank wants to join Switzerland, Singapore and Hong Kong in hosting the BIS innovation hub.

Sweden’s Central Bank Wants to Host Innovation Hub for Digital Currencies

2020-03-17T12:59:00+00:00

2596

Following a 20% expansion in ETH mining operations at Hive Blockchain’s Swedish facility, Cointelegraph spoke to Hive regarding contention in the ETH community ...

Hive Expands Ether Mining by 20%, Not Worried by Proof-of-Stake

2020-03-12T07:17:00+00:00

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The Swedish government is demanding action from Ukraine for an alleged $70 million fraud scheme that targeted victims who showed interest in cryptocurrency.

Swedish Foreign Minister Urges Ukraine to Investigate $70 Million Bitcoin Fraud

Andrey Shevchenko

2020-03-04T15:59:00+00:00

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Alex Tapscott discusses his recently released book Financial Services Revolution with Cointelegraph.

Getting Into the Financial Services Revolution With Alex Tapscott

2020-02-23T17:30:00+00:00

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CBDCs are starting to gain some momentum.

Sweden Is Testing Its New Central Bank Digital Currency

2020-02-20T16:22:00+00:00

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