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Bitcoin-based security launches on Stockholm exchange

Monday 18 May 2015 00:30 CET | News

A global Bitcoin-based security on a regulated exchange has been launched in Sweden.

Finansinspektionen, Swedens financial watchdog, authorized Stockholm-based Bitcoin tracker XBT Provider in April 2015 to launch the digital currency on the Nasdaq Stockholm exchange.

Behind the venture is Swedish company KnC Miner. The start-up, which had racked up USD 75 million in turnover in around eight months after its launch in June 2013, opened a new data hub in northern Sweden in 2014.

KnC Miner is a provider of hardware used in the mining of the digital currency Bitcoin.

 


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Keywords: Bitcoin, online payments, digital payments, cryptocurrencies, Sweden
Categories: DeFi & Crypto & Web3
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Countries: World
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DeFi & Crypto & Web3






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