“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 ...

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 ...

March 7 (UPI) --Working with Germany and Finland, U.S. officials disrupted and took down the online infrastructure used to operate Garantex, a cryptocurrency exchange that allegedly facilitated money ...

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 ...

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 ...

The Bank of Finland (BOF) announced it was underway to create a Finnish instant payment solution compatible with European standards. The solution will be based on credit transfer and not depend on ...

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