Swedish Financial Supervisory Authority Calls For An EU-Wide Ban on Cryptocurrency Mining

2021-11-6 16:57

Finansinspektionen, the Swedish financial supervisory authority, has called for a ban on cryptocurrency mining due to crypto-assets, citing them to be a threat to the climate. “Sweden needs the renewable energy targeted by crypto assets by crypto-asset producers for the climate transition of our essential services, and increased use by miners threatens our ability to […] The post Swedish Financial Supervisory Authority Calls For An EU-Wide Ban on Cryptocurrency Mining first appeared on BitcoinExchangeGuide.

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Mimir Quiz – The World’s First Quiz Game Powered by Blockchain

Something exciting and innovative is coming out of Sweden, and it might just sweep across the world. No, this has nothing to do with IKEA or Abba’s reunion tour. This is a fun and addictive trivia game that rewards participants for playing and winning in cryptocurrency! Sons of Mim is a Swedish game studio created with the vision of developing knowledge games that are built with blockchain technology.

2021-10-4 15:49


Nordic Growth Market (NGM) Lists Mini Futures Cryptocurrency Contracts Backed by Vontobel

On Thursday, 4th of July 2019, Nordic Growth Market (NGM), a Swedish stock exchange, announced that it has listed Ether-based as well as Bitcoin mini futures. Vontobel, an investment bank, which recently launched tracker certificates on Litecoin, Ether, Bitcoin and Ripple will be backing the derivative products. Per the listing, Tommy Fransson, the deputy chief […]

2019-7-5 21:26


Bitcoin [BTC] declared official currency of Sweden for ‘fun’, says hacker

Bitcoin [BTC], the largest cryptocurrency by market cap, was recently in the news due to its association to the Swedish Government Party, Swedish Social Democratic Party. Earlier this week, the Twitter account of the Democratic Party was compromised, with the hijacker changing the display name of the handle to “Bitcoin Democrats”, according to a local […] The post Bitcoin [BTC] declared official currency of Sweden for ‘fun’, says hacker appeared first on AMBCrypto.

2019-4-18 20:00


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Bitcoin Cash Spoils XBT Provider AB’s Plans for a Crypto ETP

XBT Provider AB planned on launching an exchange-traded product (ETP) in the form of a cryptocurrency basket last year but backed out because one of those cryptocurrencies spoiled the party. Can you guess which one?  As suggested by a report from Bloomberg, XBT CEO Laurent Kssis “didn’t have a clue” about the potential for a Bitcoin Cash (BCH) hard fork — which happened late last year — despite getting the green light from Swedish regulators Read More The post Bitcoin Cash Spoils XBT Provider AB’s Plans for a Crypto ETP appeared first on Bitcoinist.com.

2019-2-14 10:00


Cryptocurrency Miners Disappear In Sweden After Racking Up Major Energy Costs Leaving Bills Unpaid

In the Swedish county of Norrbotten, there have been a string of failures. For not one, but two cryptocurrency mining initiatives which set up in the region not too recently. These two companies, rather than going into administration and paying their bills, have simply disappeared into thin air, leaving unpaid bills as the only record […]

2018-11-15 16:21


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Exchanges Roundup: SBI to Develop Wallet, Huobi Targets New Markets

In recent news pertaining to cryptocurrency exchanges, SBI Group has unveiled a partnership with Sepior that will see the companies jointly develop a proprietary wallet, Huobi has announced it is establishing an operational base in Dubai to target the African, Middle Eastern, and South Asian cryptocurrency markets, and Trijo, a Swedish crypto exchange, has received […] The post Exchanges Roundup: SBI to Develop Wallet, Huobi Targets New Markets appeared first on Bitcoin News.

2018-10-27 22:00


Swedish ‘Bitcoin Tracker One’ Launched, Allows US Investors to Buy Exchange-Traded BTC Note

Purchase Bitcoin, But Without Purchasing Bitcoin? Bitcoin Tracker One Launches An Exchange-Traded Note The cryptocurrency market has not been secretive about the damage happening in their industry. Hundreds, if not thousands, of tokens have suffered losses that could drive them into the ground, and they are hanging on by a thread. With this kind of […]

2018-8-16 23:09


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South Korean Exchange Suspends Withdrawals to External Wallets, Govt. Reaches Out to Apple and Google to Block P2E Apps

One of the four regulated cryptocurrency exchanges in South Korea, Coinone, has announced that it will no longer allow withdrawals to non-verified external wallets starting Jan. 24, 2022. If Coinone users want to withdraw their crypto assets to another digital wallet, they would have to register their wallet address with the exchange, “in accordance with […] The post South Korean Exchange Suspends Withdrawals to External Wallets, Govt.

Bitcoiner Senator, Cynthia Lummis, Is Planning to Bring In A New Crypto Bill Next Year

Wyoming Republican Senator Cynthia Lummis plans to introduce a comprehensive bill next year covering tax taxation of digital assets and their categorization to consumer protections. Lummis, who is also a Bitcoiner and one of the most vocal crypto advocates, will also be pitching Congress on creating a crypto regulatory body under the joint jurisdiction of […] The post Bitcoiner Senator, Cynthia Lummis, Is Planning to Bring In A New Crypto Bill Next Year first appeared on BitcoinExchangeGuide.

Bank of England to Coordinate with International Regulators for Stricter Crypto Rules

The Bank of England to step up its talks with the international counterparts on a regulatory regime for cryptocurrency next year. In an interview with The Times, Sarah Breeden, executive director for financial strategy and risk at the central bank, said that as banks begin to offer crypto-assets trading and custody services to clients, global […] The post Bank of England to Coordinate with International Regulators for Stricter Crypto Rules first appeared on BitcoinExchangeGuide.

Paraguayan Senate Passes Bill to Regulate Crypto Trading and Mining

The Senate of Paraguay has passed a bill that will regulate the trading and mining of cryptocurrencies in the country. Paraguayan Senator Fernando Silva Facetti, one of the three authors of the bill, confirmed this on Twitter, saying Paraguay’s Chamber of Deputies will discuss the bill next year.