They are actively fighting financial crimes in the cryptocurrency sector and plan to tighten control measures over unlicensed exchanges. Law enforcement officials believe that such platforms pose a threat to the country’s economy by facilitating illegal operations related to drug trafficking, arms trading, and terrorism financing.
One of the key steps will be the introduction of specialized technologies to track cryptocurrency movements, allowing the government to detect suspicious transactions and freeze assets. Sweden is already discussing the possibility of creating new regulations that will require cryptocurrency platforms to adhere to strict reporting and transparency rules.
Additionally, the government plans to tighten licensing requirements for cryptocurrency exchanges in order to create a safer and more controlled environment for users. Licensed exchanges, interested in long-term operations in the Swedish market, support these initiatives and are ready to cooperate with authorities to minimize risks associated with financial crimes.
