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The post Swedish Krona: Solid Swedish data supports SEK – Danske Bank appeared on BitcoinEthereumNews.com. Danske Research Team notes that revised Swedish national accounts data point to stronger historical growth but slightly weaker current momentum. Q1 GDP declined quarter-on-quarter but rose year-on-year, with weakness driven by government consumption and investment. Household consumption surprised on the upside, and the overall release was stronger than the headline suggests, prompting a reassessment of stimulus needs and a marginally more hawkish Riksbank interpretation as EUR/SEK trades near April lows. Swedish data underpin firmer Krona tone “Scandies were steady on Friday, with EUR/SEK trading around 10.77 and close to the low from April.” “In Sweden, significant revisions to national accounts data showed stronger historical growth but slightly weaker momentum at present.” “In Q1, GDP fell 0.2% q/q while rising 2.0% y/y, with the weakness reflecting mainly a larger decline in g
Read full articleAllunity has launched SEKAU, a Swedish krona-backed stablecoin issued as a regulated e-money token under MiCA. The token is backed 1:1 by segregated SEK reserves and will debut across five blockchain networks. Allunity Targets Institutional Payments With New Swedish Krona Stablecoin Allunity is expanding its European stablecoin lineup with the launch of SEKAU, a Swedish […]
SEKAU launches as the first MiCA-compliant Swedish krona stablecoin for institutions. AllUnity targets treasury, settlement, and payment use cases across five blockchains. Dollar stablecoins still dominate liquidity, creating a major adoption challenge for SEKAU. Europe’s stablecoin market has gained a new entrant with the launch of SEKAU, a Swedish krona-backed stablecoin developed by AllUnity. The […] The post New Swedish Krona Stablecoin Launches as Dollar Dominance Grows appeared first on Live Bitcoin News.
AllUnity has launched SEKAU, a Swedish krona-backed MiCA stablecoin designed for institutional settlement and local-currency payments.
AllUnity launched SEKAU, a regulated Swedish krona-backed stablecoin. SEKAU is backed 1:1 by reserves and features a par redemption right. The stablecoin debuted on Ethereum, Solana, Base, Tempo, and Polygon. The European digital asset landscape just marked a major milestone today. A regulated stablecoin issuer officially introduced a novel asset for regional digital payments. Thus, […] The post AllUnity’s SEKAU Launch Signals a New Era for Eurozone Crypto appeared first on Live Bitcoin News.
AllUnity launched SEKAU, a fully reserved Swedish krona stablecoin issued under MiCA, with support across Ethereum, Solana and Base.
AllUnity launches Swedish krona-backed stablecoin SEKAU with multi-chain support, expanding its stablecoin portfolio regulated under the EU’s MiCA framework.
Brantlind's move to Strasbourg highlights the strategic player development within multi-club ownership models, potentially benefiting Chelsea FC. The post Strasbourg signs Swedish striker Benjamin Brantlind from IFK Gothenburg appeared first on Crypto Briefing.
South Korea's robust GDP growth may delay rate cuts, impacting monetary policy and potentially strengthening the Korean won amidst global trade uncertainties. The post South Korea Q1 GDP grows 1.8% quarter-on-quarter, beating advance estimate appeared first on Crypto Briefing.
