Sweden

CoinShares

Crypto Fund CoinShares Jumps 33% in First Day on Nasdaq’s Swedish Exchange

Damanick DantesMar 11, 2021

The share price implies a market value for the cryptocurrency-focused investment firm of $860 million.

Investment

Swedish Regulator Warns Consumers Over Crypto Investment Product Risks

Tanzeel AkhtarFeb 22, 2021

The Financial Supervisory Authority said investment products such as bitcoin ETPs carry "significant" risk for consumers.

CBDCs

Riksbank Says Sweden Could Have a Digital Central Bank Currency in 5 Years: Report

Tanzeel AkhtarApr 16, 2021

Riksbank Governor Ingves said Sweden is entering a post-cash era.

CBDCs

World’s Oldest Central Bank Extends Digital Currency Test Till 2022

Sebastian SinclairFeb 17, 2021

Sweden's Riksbank said it would continue work with Accenture on a potential e-krona digital currency until next year.

CBDCs

Swedish Bankers Air Concerns Over E-Krona Digital Currency Plan

Tanzeel AkhtarJan 5, 2021

While the Riksbank appears keen to launch the e-krona, bankers are worried about how the digital currency might affect their industry.

Sweden

IPO

Bitcoin Exchange Safello Raises $1.3M for Planned 2021 IPO

Tanzeel Akhtar

The Sweden-based exchange says it aims to list on Nasdaq's First North Growth Market next year.

Sweden

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

Tanzeel Akhtar

Sweden's central bank has begun to study the feasibility of moving the country to a digital currency.

ETPs

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

Tanzeel Akhtar

Swiss-based Valour says its bitcoin ETP is the first with no management fees.

E-krona

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

Danny Nelson

Riksbank Governor Stevan Ingves sees a Swedish digital currency as an imperative for the central bank.

Central Banking

Swedish Central Bank Bids to Host BIS Hub for Digital Currency Research

Danny Nelson

Sweden’s Riksbank says its digital currency researchers are the best in central banking.

Crime

Sweden Calls for Action Over Ukraine Crypto ‘Fraud Factory’

Daniel Palmer

Ukraine has been asked to act following a report of an alleged cryptocurrency fraud operation duping naive investors from Sweden's capital.

CBDC

Sweden’s Central Bank Finally Embraces DLT, but Only in Simulation Mode

Danny Nelson

Riksbank's e-krona pilot will run on distributed ledger tech, but the entire project will be operated as only a simulation through at least 2021.