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A Swedish man suspected in a case involving a bomb being mailed to a Bitcoin firm has been convicted of attempted murder and is facing up to seven years in prison. Swedish Bitcoin Bomber Convicted of Attempted Murder According to the Associated Press, Michael Salonen, age 43, has...
The government of Sweden has called for plans to launch a digital version of their fiat currency, the krona, to be brought forward. As the country moves rapidly towards a cashless future, there are concerns that citizens will turn to means of payments provided by “private agents” without...
The European Central Bank (ECB) is not issuing a digital currency any time soon, according to President Mario Draghi. He’s argued that the blockchain technology is not mature enough for such a level of responsibility and physical cash remains widely used within the monetary union. ECB Studies Potential...
A man suspected of being behind a mail bomb sent to digital currency firm CryptoPay is facing trial today. In addition to attempted murder, Michael Salonen also stands accused of sending threatening letters to Swedish politicians. Salonen Allegedly Targeted CryptoPay with a Mail Bomb and Sent Death Threat...
Cryptocurrency markets are tentatively posting green numbers again after a disastrous start to August. Has the price just stopped letting blood or is the announcement of a Bitcoin ETN becoming available to US investors driving the minor upswing? Swedish Bitcoin ETN Available to US Traders A lot of...
Cryptocurrency mining will always remain a peculiar industry. A lot of people make good money from it, even though there’s also a degree of centralization involved. The quest for cheap electricity is far from over in this industry, though. It now seems Norway and Sweden are entering that...
Speaking at the Nordic Business Forum in Sweden, Apple co-founder Steve Wozniak admitted he has sold off almost all of his Bitcoin holdings — keeping some to “experiment” with. Despite this, he’s still a keen supporter, maintaining the that the cryptocurrency is superior to gold and fiat currencies....
According to a note issued by HBSC economic analyst James Pomeroy, Sweden could be the first nation to issue their own cryptocurrency. A document, which was sent to clients this week, titled “Sweden’s Big Year: Can the Economy Overcome Some Challenges?” set forth some rudimentary proposals of what...
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,...
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...
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