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“# EU securities regulator calls for proof-of-work crypto mining ban ” Erik Thedéen, the vice-chair of the European Securities and Markets Authority has raised concerns over the growing use of renewable energy for Bitcoin mining. In a recent interview with the Financial Times, Thedéen said that Bitcoin (BTC) mining has become a “national issue” and warned cryptocurrencies…
“#Sweden creates agency to combat fake news ahead of election” COPENHAGEN, Denmark — Sweden, which is holding a general election in September, has joined France in creating an agency to combat disinformation. The mission of the Swedish Psychological Defense Agency is to “defend our open and democratic society and free opinions by identifying, analyzing and responding to…
“# Nasdaq Stockholm lists Bitcoin and Ether exchange-traded notes ” Nasdaq Stockholm has announced that 21Shares has listed its first two physically backed exchange-traded notes (ETN) on the Swedish trading platform. The two instruments listed, with Bitcoin (BTC) and Ether (ETH) as underlying assets, represent a new segment for ETNs — a type of unsecured debt…
“# Swedish call to ban crypto mining ‘completely misinformed,’ says fund manager ” A Swedish financial watchdog’s call for a European Union-wide ban on proof-of-work (PoW) crypto mining, mainly known as the method of minting new Bitcoin (BTC), has received backlash from crypto-related fund managers. Melanion Capital, a Paris-based alternative investment firm known for its…
“# Trading Bitcoin’s like trading stamps, says Swedish central bank governor ” The governor of Sweden’s central bank, the Sveriges Riksbank, has dismissed Bitcoin (BTC) as an altogether far-fetched alternative to government-backed fiat currencies. Speaking at a banking conference in Stockholm, Governor Stefan Ingves argued, “Private money usually collapses sooner or later.” In a further…
“# Swedish gov’t pays out $1.5M in Bitcoin to convicted drug dealer ” The Swedish government has found itself in the unforeseen situation of paying out around $1.5 million worth of Bitcoin (BTC) to a convicted — and then jailed — drug dealer. Two years ago, the man was convicted in a Swedish court for…
“#’Suicide Squad’ star Joel Kinnaman under investigation for rape” “Suicide Squad” star Joel Kinnaman is under investigation for rape in Sweden — but the actor claims the accusation comes from an obsessed woman seeking revenge over a restraining order. The public prosecutor announced Wednesday they were investigating the allegation against Kinnaman, TMZ first reported. But…
“#Lockdown hysteria did more harm than COVID-19” The United States suffered through two lethal waves of contagion in the past year and a half. The first was a viral pandemic that killed about 1 in 500 Americans — typically, a person over 75 suffering from other serious conditions. The second, and far more catastrophic, was a…
“#World record as tightrope walkers cross Swedish Arctic valley 600m up” STOCKHOLM, July 7 – Four German tightrope walkers have set a new world-highlining distance record by crossing a 2.1 km-long (1.3-mile) valley in Swedish lapland on a line suspended at a height of 600 meters (1,968 feet). Reuters’ video footage showed a barefoot man…
“#Payments app Klarna soars to eye-popping $45.6B valuation” Deferred payments app Klarna soared to a valuation of $45.6 billion in its latest fundraising round — buoyed by an investment from Japan’s SoftBank. The “buy-now-pay-later” firm, which raised $639 million Thursday, is now Europe’s most valuable privately-held financial technology company. Like competitors Afterpay and Affirm, Stockholm-based…