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Sweden cracks down on Crypto

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Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight according to the governor of Sweden’s central bank.

It still remains unclear how to regulate a product that’s designed to evade the scrutiny of national authorities.

Sweden like China is one of the more advanced countries in its efforts to develop a central bank for digital currency.

Meanwhile In the U.S Federal Reserve officials are in the process of studying “the various ways to address this issue”

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