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Nalezeno "Sweden": 134

Going Cashless Isn't Straightforward. Ask Sweden, or Zimbabwe


Chris Vasantkumar, Lecturer in Anthropology, Macquarie University. ____ “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...

Why the Rise of the CBDC Is Bad for Your Privacy


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...

Investment Firm Arcane Crypto to Go Public via $33 Million Reverse Merger


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...

Introducing Wallex Custody, The Custodian Of The New Digital Era


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...

Major Swedish Bank Fined $386 Million for Hiding Money-Laundering Evidence


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...

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