Tag: sweden

sweden

Sweden Uses Cryptocurrency Technology to Become Cashless Pioneer No Comments

Sweden, the Scandinavian nation famous for ABBA, Björn Borg, and Volvo, is leading the way when it comes to becoming the world’s first cashless country – and the technology behind Bitcoin and the cryptocurrencies that have spawned is catalyzing the process. Two years ago, in October 2015, Niklas Arvidsson, a researcher in industrial economics and management at the KTH Royal Institute of T...


Blockchain, Bitcoin, Conference Stockholm

Blockchain & Bitcoin Conference Stockholm Brought Together Politicians, Investors and Developers No Comments

On September 7, the capital of Sweden hosted Blockchain & Bitcoin Conference Stockholm for the first time. The event brought together owners of businesses related with cryptocurrencies and blockchain-based solutions. It was attended by more than 350 participants and 19 speakers from 13 countries. The conference took place at the Elite Hotel Marina Tower, the nineteenth century majestic buil...


Sweden Presents Itself as an Attractive Post-Brexit Fintech Destination No Comments

With Brexit around the corner, Sweden could present itself as one of the alternative destinations for the European financial industry. The upcoming Brexit has turned into a speculator's game. Britain's exit from the European Union is expected to have a divisive effect on the country's thriving finance and financial technology sector. All the efforts put in by the City of London to foster a heal...


Sweden’s eKrona Initiative Doesn’t Have Many Takers No Comments

Sweden's intention to introduce an electronic version of its legal tender (eKrona) is not quite popular among its citizens. A recent survey conducted by the Swedish company, SIFO shows that at least 50 percent of the population is against the country's central bank introducing electronic currency to complement cash. The decision to introduce eKrona was announced last month by the deputy governo...


Sweden to Have Its Own Digital Currency by 2019 No Comments

The growing popularity of Bitcoin and its benefits has got the central banks across the world considering the pros and cons of implementing a digital version of their respective fiat currencies. None of the countries have so far come up with a solid plan, except for Sweden. The National Bank of Sweden — Sveriges Riksbank has earlier today announced its intention to launch Ekron, a digital curren...


Sweden May Soon Have Blockchain Based Land Registry No Comments

The use of blockchain based registries has now spread to Sweden. The European country may soon be implementing a new land registry based on distributed ledger. With the number of people around, it is hard to keep track of all the things they had ever owned. However, it is not that hard when it comes to land ownership. For starters, it is not easy to hide a piece of land, as it has to be under ...


Bitcoin Exchanges Exempted from Value Added Tax in EU. newsbtc bitcoin news

No VAT ! Bitcoin Exchanges Exempted from Value Added Tax in EU No Comments

The European Court of Justice recently declared that VAT does not apply to bitcoin exchanges. The decision was cheered by the bitcoin community across the world. However, at least one government is not happy about it for sure. The increased popularity of bitcoin has got governments thinking of innovative ways to gain revenue out of it. Unfortunately, the only way for governments to do so is eit...


Sweden has plans to become the world’s first Cashless Country 2 Comments

Sweden has plans to become the world’s first Cashless Country. The European country says that cash is becoming increasingly falling into disuse. Sweden is trying to become the world's first cashless society. This has been highly motivated by the IT industry in the country which as seemingly helped the country to crackdown on a series of organised crime institutions. It seems that the new P2P p...


Why Banks Are Focusing on Blockchain Rather Than Bitcoin

SEB Advertises an Article about BTC, Who Benefits? No Comments

How do you discredit someone when everything about them is already public knowledge? There isn’t much one can do in such circumstances except stressing upon the faults and wrongdoings of the person and convincing people that he or she could have handled it in a better way. It looks like that’s what Skandinaviska Enskilda Banken (SEB), the third largest bank in Sweden is trying to do. Bitcoin h...


Stockholm Brings Fun and Bitcoin Together at the Bitcoin Funfair No Comments

If you enjoy bitcoin, and you enjoy having fun (or even better, you enjoy having fun with bitcoin), then the “Bitcoin Funfair” just might be the event for you. Described as a “flea market from the future with dazzling colors, delicious food, fascinating products, enchanting music and entertainment,” the Funfair is set to take place on February 14th and 15th at the Sodra Theatre in Stockho...


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