Cryptocurrencies

Bitcoin Unlikely to Dodge Regulation for Long, Sweden Says

  • Crypto not anchored by anything of substance, Riksbanker says
  • Sweden has already started crackdown on crypto exchanges
Photographer: Andrey Rudakov/Bloomberg
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Bitcoin and other cryptocurrencies are unlikely to escape regulatory oversight as supervisory authorities respond to the sheer popularity of the phenomenon, according to the governor of Sweden’s central bank.