“Considering the definition of an official currency as set out in law, it’s not that. It’s also not a payment instrument, because the law stipulates that a payment instrument must have an issuer ...

Bitcoin doesn't meet the definition of a currency or even an electronic payment form in Finland, where the central bank has instead decided to categorize the software as a commodity. "Considering the ...

Bitcoin doesn’t meet the definition of a currency or even an electronic payment form in Finland, where the central bank has instead decided to categorize the software as a commodity. “Considering the ...

Safello Cryptocurrency Exchange Announces Finland Launch. Safello announces launch in Finland Safello, the leading cryptocurrency exchange in the Nordics, announces that Safello AB will launch its ser ...

The Bank of Finland released a paper on June 21 titled “The Great Illusion of Cryptocurrencies,” explaining why they think the concept of a digital currency is a “fallacy.” The paper, written by ...

Stablecoin issuer Paxos has agreed to acquire electronic money institution Membrane Finance which is licensed in Finland. Finland is a member of the European Union, which enforced strict rules for ...

Five virtual currency service providers (VASPS) have now been authorized by Finland’s Financial Supervisory Authority (FIN-FSA) to provide cryptocurrency services in the region. The five firms must ...