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E-Krona or Bust, Says Sweden’s Chief Central Banker, Trying to Drag Swedish Govt Into Digital Age
16.10.2020
Riksbank Governor Stevan Ingves sees a Swedish digital currency as an imperative for his central bank
Senior Japanese official fears China being ‘first-mover’ in digital currency
9.10.2020
China might gain control over global CBDC standards, a Japanese official warns
Going Cashless Isn't Straightforward. Ask Sweden, or Zimbabwe
4.10.2020
Chris Vasantkumar, Lecturer in Anthropology, Macquarie University.
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“No Cash Accepted” signs are increasingly common in Australian shops, thanks to COVID-19. Even before the pandemic struck, though, we were well along the cashless path, with demand for coins halving between 2013...
No need for central bank digital currency in Australia says Reserve Bank
17.9.2020
Unlike China, Sweden, and Canada, Australia is reluctant to issue a CBDC
Public interest in central bank digital currencies surpasses Bitcoin in 2020
24.8.2020
The 2020 pandemic could accelerate global efforts to issue CBDCs, say BIS analysts
Why the Rise of the CBDC Is Bad for Your Privacy
22.8.2020
Like, hate, or fear them, central bank digital currencies (CBDCs) are on their way. There will be no stopping them. From Sweden to Thailand and China to Canada, governments the world over are experimenting with CBDCs. While most are being undertaken as pilots at this stage, China’s is all...
China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan
9.7.2020
The Chinese government and the country’s central bank, the People’s Bank of China (PBoC), are currently in the midst of testing a digital yuan or central bank digital currency (CBDC). Now the Chinese ride-hailing corporation Didi Chuxing will be trialing the newly developed digital yuan...
Investment Firm Arcane Crypto to Go Public via $33 Million Reverse Merger
3.7.2020
Arcane Crypto, a Norway-based investment company, said Thursday that it is planning to go public through a reverse takeover by Vertical Ventures, a publicly traded Swedish firm. Vertical Ventures will buy Arcane Crypto for $33 million by issuing over 6.6 billion new shares. Each share cost $0.005...
Sweden's Central Bank Releases 98-Page 'Economic Review' Devoted to CBDC
25.6.2020
Sweden's central bank just released a massive report on central bank digital currencies
Bitcoin Games Launches Midsummer Promotion as Sweden Looks Toward Launching its Own Digital Currency
19.6.2020
The premier cryptocurrency gaming portal, Bitcoin Games has announced the launch of a Midsummer promotion that promises Free Spins and loads of entertainment. For well over, five years now Bitcoin Games has been the go-to destination for all your gaming needs and our brand new promotion –...
Wilshire Phoenix Files Publicly-Traded Bitcoin Trust to Challenge Grayscale’s $3.4 Billion Dominance
15.6.2020
Wilshire Phoenix has filed to launch a publicly-traded trust called Bitcoin Commodity Trust (BCT) – putting the firm in direct competition with Grayscale Investments’ $3.4 billion bitcoin trust (GBTC). According to the June 12 filing with the U.S. Securities and Exchange Commission...
Introducing Wallex Custody, The Custodian Of The New Digital Era
15.6.2020
Sweden, June 15 – In a decisive move to adapt to the new normal concept of everyday living caused by the COVID-19 Pandemic, Wallex is taking its custodian role to unprecedented new heights to accompany its clients in safeguarding their traditional and digital assets from uncertainties and...
Corona Money Printing Worries – Housing Prices Slide Downwards First Time in 10 Years in Northern Europe
19.4.2020
Real estate price reports from March in northern countries like Denmark and Sweden now show negative developments for the first time in over 10 years. If furloughed workers continue into unemployment, the effects on the housing markets will be even more significant, says Claudia Wörmann...
Sweden’s ‘Lagom’ Response to Coronavirus: No Masks, Keep The Economy Going With a “No Limit” Printing Press
7.4.2020
The Coronavirus in Sweden has so far claimed 611 deaths, with 7849 confirmed cases. Swedish people still send their kids to school and are not hoarding much of anything compared to countries like the US. But just like in most of the world many businesses are hit hard, and the country's central bank...
Nestlé Rises to DLT Challenge, Expands IBM Food Trust Blockchain Tool to Coffee
6.4.2020
Food retail giant Nestlé keeps bolstering the food industry with blockchain by expanding IBM Food Trust to its coffee brand Zoégas
Major Swedish Bank Fined $386 Million for Hiding Money-Laundering Evidence
2.4.2020
Sweden’s Financial Supervisory Authority (FSA), ’Finansinspektionen’, has fined Swedbank a record sum of 4 billion Swedish krona ($386m) for breaching anti-money laundering regulations on a large scale. Around USD 6 billion had been funneled between suspected accounts.
The post Major Swedish Bank...
Sweden’s Central Bank Wants to Host Innovation Hub for Digital Currencies
17.3.2020
Sweden is seeking to amend current laws in a bid to host the Bank for International Settlements innovation hub for digital currencies
Swedish Central Bank Bids to Host BIS Hub for Digital Currency Research
17.3.2020
Sweden’s Riksbank says its digital currency researchers are the best in central banking
Hive Expands Ether Mining by 20%, Not Worried by Proof-of-Stake
12.3.2020
Despite contention growing within the Ethereum community, Hive believes now is the best time for it to expand ETH mining operations
Swedish Foreign Minister Urges Ukraine to Investigate $70 Million Bitcoin Fraud
4.3.2020
Swedish government demands answers from Ukraine regarding a Kyiv-based alleged fraud scheme