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 "text": "Sweden's Finansinspektionen treats ICOs as investment products that may be traded, and although there is no explicit ban on financial companies raising money through ICOs, no Swedish company had attempted to do so.",
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 "citation": "Wulf A. Kaal, Initial Coin Offerings The Top 25 Jurisdictions and Their Comparative Regulatory Responses (2018). SSRN: https://ssrn.com/abstract=3117224",
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