Payments
Ripple partners with Lemonway, Xbaht to bring ODL payments to Europe
Ripple's new partnerships will eliminate the need for Lemonway and Xbaht to pre-fund their accounts when making transactions abroad.
Christian Nwobodo 2 min read
Sweden News
Institutional products, regulation, mining policy, and Sweden’s evolving stance on digital assets.
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Adoption
Sweden’s central bank tests CBDC for retail and international remittance payments
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.
Banking
Pictet Group tells private banks to stay away from crypto
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.
Latest Sweden Crypto News & Analysis
Mining
Sweden averse to Bitcoin mining amid rapid rise in energy demand
Sweden is looking to redirect the energy being used by crypto miners to operations that would create more jobs in the country.
Metaverse
Sweden’s PostNord partners with Warpin to train staff in the metaverse
PostNord claims using VR training modules is up to 80% more effective than e-learning.
CBDCs
Swedish central bank says it will be possible to integrate e-krona into banking systems
Sweden's central bank's second phase of CBDC testing has proven successful in integrating its digital currency with the country's banking system.
Mining
ESMA vice-chairman calls for ban on proof-of-work crypto mining
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.