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sweden News and Articles



Central bank

The Swedish CB will test the digital krona through smart contracts

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In April 2021, the Bank of Sweden announced the completion of the first phase of testing the digital version of the krona. In a statement, the regulator noted that technical problems arose during the tests, but in general, they were successful. Last Wednesday, the central bank of this northern...

European Union crypto mining

EU Markets Regulator Calls for Ban on PoW Crypto Mining

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Erik Thedéen, Member of the Management Board of the European Securities and Markets Authority (ESMA) finds that EU regulators should encourage the crypto industry to use crypto mining that is less energy-consuming. During an interview with Financial Times, Thedéen said that he finds the solution...

Mining

Sweden urged to ban Bitcoin mining in the EU

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Swedish regulators believe that Proof-of-Work mining of BTC and other cryptocurrencies will prevent the country and the European Union from complying with the Paris Agreement on Climate Change. In a joint statement, the head of the Financial Conduct Authority, Eric Tedeen, and the head of the...

Krona

Sweden has ended the 1st stage of testing the digital krona

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Sweden is on the list of those states that want to launch a national digital currency (CBDC) soon. The kingdom's central bank announced this week that the first phase of testing the digital krona has been completed successfully. During the tests, experts from the Central Bank discovered several...

Sweden

Sweden will report on the effects of the launch of the token

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The Swedish Ministry of Finance plans to complete work on assessing the consequences of the launch of a regulated token (CBDC) by the end of 2022. The country's authorities decided to accelerate the implementation of the project to create a token pegged to the crown since many countries are also...

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