The state of crypto in Northern Europe: Hostile Scandinavia and vibrant Baltics
The Nordics remain a cold place for crypto, but Estonia still leads as the public blockchain adopter. Go to Source Powered by WPeMatico
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Finland Sells 1,889 Seized Bitcoins for $47 Million — Proceeds Going to Ukraine
Finland has sold 1,889 bitcoins seized in narcotic cases for 46.5 million euros ($47.4 million). The country’s finance minister previously said that the bitcoin sale proceeds will go to Ukraine for humanitarian aid and reconstruction as its war with Russia continues. Finland Sells Bitcoin Seized From Narcotic Offenses Finnish Customs (aka Tulli), the customs service … Read more
Finland to Donate Millions of Dollars From Sale of Seized Bitcoin to Ukraine
The government of Finland is discussing supporting Ukraine with part of the money from the liquidation of millions of dollars worth of cryptocurrency seized in crime investigations. Finnish authorities want to sell the bitcoins soon and say they couldn’t come up with a better idea for the proceeds. Finland Selects Brokers to Sell $75 Million … Read more
Finnish regulators tighten the screw on virtual currency marketing
The Finnish Financial Supervisory Authority published stricter rulings regarding crypto marketing. Go to Source Powered by WPeMatico
Report: Indonesia leads global surge in interest in crypto
Indonesia saw a massive 1,772% increase in the number of people engaging with articles about crypto, a new survey claims. Go to Source Powered by WPeMatico
Finland Looking for Brokers to Sell Seized Bitcoins Worth $80 Million
Finland’s customs authority is looking for brokers to sell 1,981 bitcoins seized in drug cases. The coins are currently worth nearly $80 million. Finland’s customs authority announced Thursday that it is seeking brokers to sell 1,981 bitcoins seized in drug busts, Bloomberg reported, noting that the coins were forfeited to the state by court order. … Read more
Authorities Shut Down Darknet Marketplace Sipulimarket, Seize Bitcoin
A major darknet marketplace, Sipulimarket, has been shut down and its assets, including bitcoin, were seized by Finnish Customs, in cooperation with Europol and the Polish police. Darknet Marketplace Shut Down, Bitcoin Seized Europol and Finnish Customs (Tulli) announced last week that they “have shut down the Sipulimarket dark web marketplace and seized all its … Read more
$2K per Month for Every American: Andrew Yang Begs Congress to Pass Basic Income
While most of the U.S. remains on lockdown, a few states across the nation are starting to open up businesses and lift restrictions. Meanwhile, politicians on the left have been trying to push a universal basic income (UBI) package through Congress, in order to give Americans in need a monthly check. This week, former U.S. … Read more
Corona Money Printing Worries – Housing Prices Slide Downwards First Time in 10 Years in Northern Europe
Real estate price reports from March in northern countries like Denmark and Sweden now show negative developments for the first time in over 10 years. If furloughed workers continue into unemployment, the effects on the housing markets will be even more significant, says Claudia Wörmann at SBAB Bank. Spring Real Estate Price Increase, Trend Broken … Read more
Spain’s Lawmakers Plan to Provide Basic Income to Low-Income Residents
Spain is preparing to provide universal basic income (UBI) to low-income individuals due to the wrath of the coronavirus, the country’s minister for economic affairs Nadia Calviño recently explained. There’s no set date yet for the UBI program, but Spain’s officials said they plan to “do it as soon as possible, so it can be … Read more