Places Sweden

The six-consecutive-week outflows totaled $408 million, as this week's inflows mark the largest positive movement since July 2022.

Sweden cares a great deal about privacy and considers it an an extremely important question when "talking about all types of digital monies."

The exchange now holds licenses in seven EU states and 15 global jurisdictions.

The country's central bank suggested that it is preparing to issue an e-krona if such an asset is approved by the government.

Ripple's new partnerships will eliminate the need for Lemonway and Xbaht to pre-fund their accounts when making transactions abroad.

Sweden's Riksbank teamed up with BIS, along with the central banks of Israel and Norway to test the use of Sweden's CBDC "e-krona", results will be published in a report by the first quarter of 2023.

Pictet's Asia arm CEO Tee Fong Seng said that though cryptocurrencies have potential, now is not the right time for private banks to invest.

Sweden is looking to redirect the energy being used by crypto miners to operations that would create more jobs in the country.

PostNord claims using VR training modules is up to 80% more effective than e-learning.

Sweden's central bank's second phase of CBDC testing has proven successful in integrating its digital currency with the country's banking system.

The vice-chair of European Securities And Markets Authority Erik Thedéen urges EU regulators to ban proof-of-work Bitcoin mining model citing rising environmental concerns.