Midweek Roundup: Vatican Asks Italy to Drop Financial Sanctions, Sweden Set to Reject Bitcoin as Currency, and More

The Institute for Works of Religion, also known as Vatican Bank, asked Italy Wednesday to drop financial sanctions implemented in 2010, Reuters reported. Italian banks discontinued their services for the scandal-plagued institution that year after Italy's central bank required them to implement stricter anti-money laundering controls for its accounts. More A day before the bank's request, Italian prosecutors charged former Vatican official Monsignor Nunzio Scarano and two others with money laundering and other charges, Reuters said. Investigators accused the trio of funneling millions of euros in fake donations to offshore companies. More The Swedish government will likely rule that the...