Share this article

Swedish Regulator Warns Consumers Over Crypto Investment Product Risks

The Financial Supervisory Authority said investment products such as bitcoin ETPs carry "significant" risk for consumers.

Updated Sep 14, 2021, 12:14 p.m. Published Feb 22, 2021, 2:57 p.m.
Stockholm, Sweden
Stockholm, Sweden

Sweden's Financial Supervisory Authority (FSA) has warned that investments such as bitcoin exchange-traded products (ETPs) may be unsuitable for retail consumers.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the State of Crypto Newsletter today. See all newsletters

  • In an announcement Monday, the regulator said it had carried out a thematic review of the market for financial products with underlying crypto assets and found a "high risk" that consumers would lose money on their investments.
  • FSA Director General Erik Thedéen said such products are unsuitable for most, if not all, retail investors as consumer protections are "inadequate" and crypto assets are "difficult, if not impossible, to value on a credible basis."
  • Sweden is home to one of the first bitcoin tracker ETPs available on the FSA-regulated exchange NASDAQ/OMX in Stockholm.

Read more: Canada’s First Bitcoin ETF Hits $421.8M AUM in Two Days

More For You

KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

16:9 Image

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

More For You

Crypto bill markup expected next week as pressure mounts before shutdown deadline

Senator Scott, chairman of the Senate Banking Committee

Senators met to restart the high-stakes negotiation over the crypto market structure bill, and one of them reportedly said a markup is planned next week.

What to know:

  • Senators from both parties met for the first time in 2026 to restart talks over the crypto market structure bill.
  • Senator Tim Scott, the chairman of the Senate Banking Committee, is reportedly pressing for a markup on the bill next week.
  • It's unclear whether the parties can hash out a compromise measure to meet that timeline, considering the several major sticking points for Democratic negotiators.