Sweden

Sweden Could be the Next Major Cryptocurrency Market
Feb 27, 2020 at 12:32
News
Sweden Could be the Next Major Cryptocurrency Market
Almost half of the country's retailers forecast that Sweden will completely stop handling physical cash before 2025. The Riksbank is currently piloting a digital currency known as e-krona. Could it be that the reduced fiat currency handling in the nation results in a rampant cryptocurrency market?
Swedish Central Financial Institution Launches Tests of E-Krona Currency
Feb 22, 2020 at 12:14
News
Swedish Central Financial Institution Launches Tests of E-Krona Currency
The  central bank of Sweden has entered the world's first test of the issuance of their own central bank digital currency (CBDC). This means that the country has become part of those governments (over 15 countries) trying to issue their own CBDC.
Crypto Miners Suddenly Fled Swedish County After Facing Heavy Burden of $1.55M Energy Bills
Nov 17, 2018 at 16:56
News
Crypto Miners Suddenly Fled Swedish County After Facing Heavy Burden of $1.55M Energy Bills
Two mining firms operating in Sweden have purportedly relinquished their facilities in Norrbotten, a county in the far north of the country. One of the firms, a U.S. miner called NGDC, seems to have all of a sudden fled the county, leaving unpaid power bills of around $1.55 million in its wake, according to a report from Sverige Radio.
Denmark-Based Bank That Prohibited Bitcoin, is Now Indicted of Money Laundering
Oct 21, 2018 at 12:47
News
Denmark-Based Bank That Prohibited Bitcoin, is Now Indicted of Money Laundering
Nordea Bank is among the largest and most famous financial institutions in the Nordic nations. The Nordic nations include Finland, Iceland, Denmark, Sweden and Norway. The financial team made news in January 2018. The bank put a ban on flagship digital currencies such as BTC, ETH and Litecoin.
Central Bank Of Sweden Considering Issuing E-Krona
Nov 18, 2016 at 13:04
Politics
Central Bank Of Sweden Considering Issuing E-Krona
Riksbank, the central bank of Sweden, considers the possibility of issuing a digital currency, named e-krona, instead of using cash.
SEB To Use Ripple’s Blockchain Technology Solution
Nov 07, 2016 at 15:06
News
SEB To Use Ripple’s Blockchain Technology Solution
SEB, one of the largest banks in Sweden, has announced its partnership with Ripple, a San Francisco based fintech company, in order to use Ripple’s blockchain technology solution as a basis for payment transactions.
Why Are Banks So Eager To Shift To A Cashless Society?
Oct 17, 2016 at 11:06
Politics
Why Are Banks So Eager To Shift To A Cashless Society?
These days, the banking industry is calling on their users to use digital banking payments instead of cash. According to research, some of the more economically developed countries, like Sweden and UK, will move to a cashless society by 2020. However, why are banks so eager to call on their customers to stop using cash?
Swedish Bank SEB Becomes A Co-Owner Of Bitcoin Company Coinify
Aug 02, 2016 at 14:19
News
Swedish Bank SEB Becomes A Co-Owner Of Bitcoin Company Coinify
Swedish bank SEB (Skandinaviska Enskilda Banken) becomes a new co-owner of Bitcoin company Coinify.
Sweden Creates Its Land Registry Solution Based on the Blockchain Technology
Jun 22, 2016 at 12:09
Business
Sweden Creates Its Land Registry Solution Based on the Blockchain Technology
Sweden is testing the possibilities to use Blockchain technology for real estate registry.
1 2