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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

Sweden’s Bitcoin exchange-traded fund (ETN) is bigger than around 80 percent of US exchange-traded funds (ETFs).

Swedish Bitcoin Exchange-Traded Fund Bigger Than 80% of US ETFs

2017-12-06T12:02:00+00:00

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Reports show that 900 of 1,600 bank branches in Sweden no longer store cash, and they will no longer accept cash deposits.

Sweden Poised to Become Leading Scandinavian Cashless Society through Bitcoin

Joshua Althauser

2017-10-01T19:45:00+01:00

45622

Nasdaq and SEB co-test a Blockchain technology platform for mutual funds.

Blockchain for Mutual Funds? Nasdaq and Swedish Bank Start Testing

2017-09-28T12:30:00+01:00

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Lantmäteriet, the land registry of Sweden, officially started to utilize Blockchain technology to register land and properties.

Sweden Officially Started Using Blockchain to Register Land and Properties

2017-07-06T17:35:00+01:00

23938

The Winklevoss twins’ Bitcoin ETF COIN was officially rejected by the SEC on March 10. Yet, the demand for bitcoin in major stock markets is still on the rise.

Demand For Bitcoin is Rapidly Rising in Swedish Stock Market: Reasons & Trends

2017-05-30T17:47:00+01:00

32420

Blockchain and smart contracts are the focus of a successful trial in Sweden which could save the country $100 bln annually.

Blockchain Land Registry Trial in Sweden Concludes Second Phase

2017-04-04T14:39:00+01:00

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The Swedish Bitcoin Foundation released an official statement regarding OneCoin, a cryptocurrency Ponzi scheme that has been around since early 2015.

One Coin, Much Scam: Swedish Bitcoin Foundation Issues Warning Against OneCoin

2016-09-14T17:52:00+01:00

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Leading Nordic financial services group has shown interest and invested in Danish blockchain payment service provider Coinify

Top Swedish Bank Invests in Danish Blockchain Startup Coinify

Olusegun Ogundeji

2016-08-04T15:10:00+01:00

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