Sweden Cancels Tax Breaks for Miners, Increases Electricity Tariff for Cryptocurrency Mining
The Government of Sweden recently announced its plans to cancel tax breaks for miners and significantly increase the electricity tariff for cryptocurrency mining by 58 times. The cost of electricity for mining will go from $0.0006 to $0.035 per kWh, and the benefits will be lifted starting in Jul ...
Swedish Central Bank Explores Governance and Programmability of State Stablecoin
The Riksbank, Sweden's central bank, recently released a report detailing the findings of its third round of experiments with its state stablecoin. The report primarily focused on the governance and programmability of the digital currency. Riksbank's researchers emphasized that the digital kro ...