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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.
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
Joseph Young
2017-12-06T12:02:00+00:00
46969
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
Adoption
Nasdaq and SEB co-test a Blockchain technology platform for mutual funds.
Blockchain for Mutual Funds? Nasdaq and Swedish Bank Start Testing
Jon Buck
2017-09-28T12:30:00+01:00
10625
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
Joseph Young
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
Joseph Young
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
William Suberg
2017-04-04T14:39:00+01:00
2442
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
Joseph Young
2016-09-14T17:52:00+01:00
7191
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
781

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