Bitcoin’s rising popularity will lead to more regulation, says Riksbank
Riksbank Governor Stefan Ingves says there’s “good reason to believe” that more regulatory oversight of cryptocurrencies is in the pipeline. Go to Source Powered by WPeMatico
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Central Bank of Sweden Invites Financial Market Actors for Second Phase of E-Krona Pilot
Sveriges Riksbank, the central bank of Sweden, will carry out the next stage of its e-krona project with the help of two organizations from the financial sector. The move signals a transition from the initial in-house testing with simulated participants to cooperation with real, external partners. Riksbank to Work With Handelsbanken and Tietoevry to Test … Read more
Sweden moving forward in e-krona CBDC trials
Sweden will trial its CBDC with a live banking participant. The experimentation will involve participation between Riksbank and Handelsbanken, a retail bank chain based in Sweden. Go to Source Powered by WPeMatico
Swedish crypto broker’s IPO oversubscribed by 1,200%
Stockholm-based crypto brokerage Safello saw its IPO oversubscribed by nearly $60 million, or 1,240% from the planned $5 million. Go to Source Powered by WPeMatico
Millions of Swedish savers have exposure to Bitcoin via state pension fund
Five million Swedes have indirect exposure to Bitcoin through the shares held by state pension fund AP7. Go to Source Powered by WPeMatico
Swedish Central Bank Releases the First Study About Its CBDC E-Krona Pilot
The Swedish central bank keeps making steps towards modeling its e-krona pilot project by issuing a detailed report of the results of phase one for the path ahead. Riksbank is still optimistic about launching its central bank digital currency (CBDC), but there are hurdles to clear out on the road. Riksbank to Spend Another Year … Read more
Sweden’s central bank completes first phase of digital currency pilot
The Riksbank said that CBDC technology still requires further investigation. Go to Source Powered by WPeMatico
Swedish regulators warn consumers against crypto as markets tumble
Sweden’s financial regulator thinks retail investors should stay away from financial products that have volatile cryptocurrencies as their underlying asset. Go to Source Powered by WPeMatico
Sweden extends digital krona digital currency pilot until 2022
Sweden’s exploration into CBDCs will continue until 2022, as the nation’s central bank seeks to construct a digital version of the krona. Go to Source Powered by WPeMatico
Sweden is working with DLT for its CBDC proof-of-concept
Sweden’s central bank deputy governor recently updated the public on the country’s CBDC exploration. Go to Source Powered by WPeMatico