Sweden
Switzerland launches instant payments
As one of Europe’s most cash-loving nations, Switzerland has over one-third of all transactions in cash, which the central bank...
Swedish central bank concludes proof of work blockchains are unacceptable
In its report, Sweden's Riksbank sees a semi-centralized blockchain for its CBDC as the most optimal model over a fully...
India’s Tata Consultancy Services, Sweden’s Crunchfish to deploy ‘Quartz solution’ for offline CBDCs
The partnership between Crunchfish and Tata Consultancy Services will utilize the Quartz solution for CBDCs with offline payments enabled by...
Microsoft invests $3.2B to expand its cloud, AI infrastructure in Sweden
Microsoft will give Sweden 20,000 GPUs to support the development of LLMs for generative AI, while the existing data centers...
HIVE block reward miner acquires Swedish data center in European expansion
HIVE paid $2.25 million for the data center that was built for the EU Horizon 2020 Project, which it says...
7 central banks team up with BIS to examine policy issues for CBDC launch
The research paper focused solely on retail central bank digital currencies, which explored potential legal issues and the need to...
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