Bitcoin Magazine
Is Sweden About to Stockpile Bitcoin? Lawmakers Push for National Reserve
Two Swedish lawmakers have urged the government to explore a national Bitcoin reserve, the latest European move toward adopting Bitcoin in state holdings.
This post Is Sweden About to Stockpile Bitcoin? Lawmakers Push for National Reserve first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
One of the largest bitcoin mining operations in the world, Genesis Mining, has been working on an experiment with Systemair, Lulea Technical University, Research Institute of Sweden, and the local Boden municipality. The teams in Sweden are developing a system that converts excess heat from Genesis’s bitcoin mining to power greenhouse operations. Bitcoin mining is […]
The post Genesis Mining Is Converting Excess Bitcoin Datacenter Heat Into Greenhouse Power in Sweden appeared first on Bitcoin News.
Subzero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. Saving in fiat right now, unlike cryptocurrencies lately, leads to […]
The post Major Swedish Bank Orders Negative Interest Rate on Euro Deposits appeared first on Bitcoin News.
Opera Ltd (NASDAQ: OPRA), the Norway-headquartered company behind the web browsers used by over 320 million people, now lets users buy cryptocurrency directly within its mobile app. This service is being rolled out in Scandinavia first due to a local partnership. Also Read: The Daily: F1 Team Gets Crypto Sponsor, Dubai Royal Invests in Digital […]
The post Scandinavians Can Now Buy Cryptocurrency Within the Opera Mobile Browser appeared first on Bitcoin News.
Europe’s top banks allegedly helped wealthy clients across the continent steal 55 billion euros ($63 billion) from multiple governments by making tax reclaims to which they were not entitled, an investigation has revealed. The theft centred around a complex scheme of trading stocks that also involved hedge funds and large international commercial law firms. Also […]
The post World’s Biggest Banks Helped Clients Steal $63 Billion in Taxes in Europe appeared first on Bitcoin News.
It has been a busy week for Singapore as it relates to cryptocurrency. The city-state is set open the first fiat-crypto exchange in Southeast Asia, while the financial regulator has vowed to help crypto companies set up local bank accounts, according to media reports. Also read: Salt to Offer Crypto-Backed Loans in 7 Global Markets, […]
The post Singapore Hosts New Fiat-Crypto Exchange, Welcomes Crypto Bank Accounts appeared first on Bitcoin News.
News wires buzzed this week when the National Association of Securities Dealers Automated Quotations (Nasdaq) announced its pending purchase of Swedish crypto-friendly stock exchange technology company Cinnober. Nasdaq made “an USD 190m all cash recommended public offer” to the company, which it terms a major “financial technology provider to brokers, exchanges and clearing houses worldwide.” […]
The post US Exchange Takes a Step Toward Crypto: Nasdaq Bids for Cinnober appeared first on Bitcoin News.
People often wonder why a cryptocurrency with a limited supply like bitcoin has been gaining traction over the years. Since the 2008 financial crisis, the world’s central banks have printed around $12-30 trillion worth of promissory notes, and more than $10 trillion in negative-yielding global bonds. However instead of the newly printed money helping global […]
The post Tired of Bank Bailouts and Hyperinflation? Bitcoin Offers Something Different appeared first on Bitcoin News.
Swedish officials with the Swedish Enforcement Authority has settled a debt with bitcoin. This is the first time the enforcement agency in the country accepted bitcoin as payment rendered for debt owed to the State. Also read: Panama City Strip Mall Merchants Embrace Bitcoin Customers New Asset For Use by the Swedish Enforcement Authority An officer working […]
The post Swedish Officials Settle First Debt in Bitcoin appeared first on Bitcoin News.
Miami-based mining and high-performance computing company, The Future of Mining, is building a major data center in Sweden. The center will be located in the tech hub of Boden-Älvsbyn, following the establishment of a deal between The Future of Mining and the municipality of Älvsbyn. Also Read: Sweden Sees Record Trading Volume as MP Sundin Joins […]
The post U.S. Company to Establish 35+ MW Mining Farm in Sweden appeared first on Bitcoin News.
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