Apr 30, 2019
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Finland Financial Regulator Takes on Crypto Supervisory Role

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Finland Financial Regulator Takes on Crypto Supervisory Role

The Financial Supervisory Authority in Finland (FIN-FSA) will now take on a formal role as a registration and supervision authority for the cryptocurrency industry, in a week that sees new legislation enter into force. participants as new legislation comes into force this week.

The new Act on Virtual Currency Service Providers will be effective from 1 May, and the financial watchdog will now be required by statutes to register all crypo exchanges, wallet providers and crypto issuers with a registered operation in Finland.

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