Category: Sweden

Swedish regulators warn consumers against crypto as markets tumble

February 23, 2021

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Sweden’s financial regulator thinks retail investors should stay away from financial products that have volatile cryptocurrencies as their underlying asset. 4331 Total views 22 Total shares Sweden’s financial regulator, Finansinspektionen, or FI, has issued a fresh warning to retail traders about the high risks and low consumer protections associated with crypto-related investments. In an announcement published […]

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Sweden extends digital krona digital currency pilot until 2022

February 17, 2021

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Sweden’s exploration into CBDCs will continue until 2022 as the nation’s central bank seeks to construct a digital version of the krona. 12887 Total views 25 Total shares Sweden’s central bank, the Riksbank, recently announced that it has extended an ongoing pilot aimed at creating a digital version of the Swedish krona until 2022. In combination […]

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Sweden Considering Whether to Switch to the E-Krona: Report

December 11, 2020

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Dec 11, 2020 at 3:08 p.m. UTCUpdated Dec 11, 2020 at 3:33 p.m. UTC Stockholm, Sweden(CoinDesk archives) Sweden Considering Whether to Switch to the E-Krona: Report Sweden’s government is considering the adoption of a central bank digital currency, the e-krona, according to a Bloomberg report. Sweden’s financial markets minister, Per Bolund, said the Riksbank finance […]

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Sweden is studying a potential transition to the e-krona CBDC

December 11, 2020

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Sweden is examining the risks and consequences of moving its economy to its e-krona digital currency. 5801 Total views 31 Total shares The Swedish government is progressing with its central bank digital currency, or CBDC, by launching a formal review of a potential transition to the digital currency. According to a Bloomberg report published Friday, the […]

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Swiss Firm Launches ‘No-Fee’ Bitcoin Exchange-Traded Product on Nordic Growth Market

December 3, 2020

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Dec 3, 2020 at 10:50 a.m. UTCUpdated Dec 3, 2020 at 2:55 p.m. UTC Swiss Firm Launches ‘No-Fee’ Bitcoin Exchange-Traded Product on Nordic Growth Market Switzerland-based Valour has launched what it claims is the first bitcoin exchange-traded product (ETP) without any management fees. Listed on the Stockholm-based Nordic Growth Market, the Bitcoin Zero ETP brings […]

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E-Krona or Bust, Says Sweden’s Chief Central Banker, Trying to Drag Swedish Govt Into Digital Age

October 16, 2020

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Oct 16, 2020 at 19:54 UTCUpdated Oct 16, 2020 at 20:24 UTC E-Krona or Bust, Says Sweden’s Chief Central Banker, Trying to Drag Swedish Govt Into Digital Age Sweden’s top central banker Stefan Ingves has gone all-in on sovereign digital currency, and on Thursday the Riksbank governor called upon the Swedish Parliament to do the […]

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