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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

Bitcoin exchange ItBit opened its doors on Thursday to US customers, BitPagos announced a partnership with e-commerce solutions provider Entrepids, and more new...

MAY 8 DIGEST: Bitcoin Exchange ItBit Raises $25m And Opens Shop in US, BitPagos Strikes Deal With Big Mexican E-Commerce Partner

Aaron van Wirdum

2015-05-08T12:43:16+01:00

2079

Announcing the launch of a financial product called “Bitcoin Tracker One”, XBT Provider has created the world's first regulated Bitcoin exchange-traded note.

KNC’s XBT Provider Launches First Ever Bitcoin Exchange Traded Note on Swedish NASDAQ

2015-04-29T13:23:00+01:00

118

Swedish bitcoin exchange BTCX, has been requested by the local Tax Authority to disclose transaction history of the company's 20,000 customers. The exchange is ...

Swedish Tax Authority Taken to Court by Bitcoin Exchange over ‘Extremely Intrusive’ Data Request

2015-03-25T14:49:46+00:00

626

Bitcoin Fun Fair is not your typical Bitcoin meetup or conference event where businesses and experts talk, “network” and exchange business cards.

World's Biggest Consumer-Oriented Bitcoin Event Coming to Stockholm

2015-01-28T10:56:00+00:00

531

Gustav Nipe of New Technology Today indicated that the Swedish banking system is extremely resistant to new technologies, despite the many problems that it has ...

Nordea, Other Swedish Banks Closing Bitcoin Companies’ Accounts

2014-11-15T23:06:00+00:00

936

Swedish payment processor Klarna has announced the test phase of its Bitcoin implementation following a review of its stance on the digital currency.

Sweden-Based Klarna Set to Test Bitcoin Integration to rival PayPal in the US and Europe

2014-10-07T11:01:00+01:00

730

Sweden’s National Bank has stated that Bitcoin is having no tangible effect on Sweden’s economy, with the majority of traffic being from international and not d...

Sweden’s Bank Dismissive While World’s First BTC-Politician Elected

2014-09-29T14:04:36+01:00

339

Sweden’s government solicited the European Union to issue authoritative rules on the VAT (value-added tax) treatment to decentralized virtual currencies.

Sweden Asks EU to Rule on Bitcoin Taxation

2014-07-23T11:04:12+01:00

539