Finland Financial News

13.02 / 18:48

BTC Lowe's BLOCK Digital Aware MicroStrategy Bitcoin Happy Birthday, Bitcoin: Top Cryptocurrency Turns 14

Bitcoin fans celebrated the top cryptocurrency's 14th year on Jan. 3 with swarms of birthday posts on social media, signaling the digital asset's resilience even after a prolonged slump in value.

09.02 / 15:49

business LocalBitcoins P2P Bitcoin LocalBitcoins closes down the P2P crypto exchange service

Finland-based peer-to-peer (P2P) cryptocurrency platform LocalBitcoins is shutting down operations after serving its customers for more than 10 years.

03.02 / 00:31

Government Stablecoin Adoption defi regulation Europe Euro approved Euro stablecoin launched in Finland, claims to be first approved in the EU

Finnish company Membrane Finance has released a fully-reserved stablecoin backed by the euro, according to a Feb. 2 blog post from the company. The company is licensed by the Finnish Financial Supervisory Authority (Fin-FSA) and claims that the new ”EUROe” coin is “the first and only EU-regulated crypto stablecoin.”

25.01 / 13:19

Target Fresh twist in PE battle over Caverion as Bain makes new offer

A private equity bidding war for a Scandinavian construction technology firm took a fresh twist last night after Bain Capital laid out two new proposals.

19.01 / 12:33

Binance regulation Bitcoin FinCEN lists Binance among the top Bitcoin counterparties of Bitzlato

The United States Financial Crimes Enforcement Network (FinCEN), a bureau of the Treasury Department, has argued that Binance is linked to the illegal cryptocurrency platform Bitzlato.

18.01 / 00:31

business Adoption regulation privacy WEF panel discusses the coming tokenized economy

In a wide-ranging discussion, a panel of blockchain industry personalities at the World Economic Forum (WEF) concluded that the economy will become increasingly tokenized in the future. Carbon credits, housing, electricity, government bonds, forex, and other real-world assets will be traded on the blockchain, according to the panel.

16.01 / 05:31

business Adoption Central Bank Tanzania ‘cautious’ on CBDC adoption after initial research

Tanzania's central bank says it is still considering the introduction of a central bank digital currency (CBDC) but will be a taking "phased, cautious and risk based approach" after identifying several challenges that could impact its implementation.

08.01 / 19:15

Technology Health CES Turkey 'wants things we can't give them', says NATO hopeful Sweden

Turkey has demands that NATO hopeful Sweden cannot -- and does not -- want to meet, said the Swedish Prime Minister on Sunday.

03.01 / 21:39

Sport Sweden turns to France as it looks to buy two new nuclear reactors

Sweden and France could be set to join forces to build new nuclear power stations in the Nordic nation, to boost domestic power production and guarantee security of supply.

22.12 / 11:35

European Union Cinema Ukraine war: Russia warns US over sending more weapons to Kyiv

The Kremlin has warned the US that sending more weapons to Ukraine will only aggravate the devastating 10-month war ignited by Russia's illegal invasion.

20.12 / 17:17

Kyiv Consumption EU gas consumption dropped by 20% before winter as most countries reach key voluntary targets

Consumption of natural gas in the European Union dropped by a fifth in the months leading to winter compared to the same period over the previous five years, according to Eurostat.

12.12 / 18:03

corruption Snow London Calls for EU lobbying rules to be reformed grow as corruption scandal rocks Brussels

Calls to reform lobbying rules for European Union institutions are growing as Brussels reels from a corruption scandal involving the European Parliament.

09.12 / 16:57

NATO Four linked to EU Parliament arrested amid suspicions of corruption involving a Persian Gulf state

Four people "active in the European Parliament" have been arrested amid suspicions of corruption involving "a Persian Gulf country".

09.12 / 11:43

One dead after fire ravages one of Russia's biggest shopping centres

Emergency services suspect that a "criminal" act is behind a major fire at one of Russia's biggest shopping centres on the outskirts of Moscow.

09.12 / 10:55

Ukraine war: Pope Francis cries as he mentions the suffering of Ukrainians during public prayer

Pope Francis was moved to tears on Thursday while mentioning the suffering of Ukrainians during a traditional public prayer in central Rome.

09.12 / 10:55

Support Finland considers arms exports to Turkey in return for NATO membership support

Finland's defence minister Antti Kaikkonen on Thursday expressed hope that Turkey would promptly ratify his country’s NATO membership, claiming that Helsinki would consider granting arms export permits to Ankara on a case-by-case basis.

08.12 / 17:05

Climate change European Union Austria blocks Schengen accession of Romania and Bulgaria, while Croatia gets green light

Austria has blocked the accession of Romania and Bulgaria into Schengen, the passport-free area that has abolished border checks between the vast majority of EU member states.

07.12 / 14:25

Blockchain UPS Digital CEO financing licence Stablecoin startup Membrane Finance reels in EU money licence and €2 million in seed financing

“We’ve been working towards this very goal for the last 18 months," says Juha Viitala, the CEO and co-founder of Membrane Finance. "Getting an EU-level license and the opportunity to finally build a truly regulated EUR-based stable coin is massive news for both us, and the wider European cryptocurrency market and community."Set for launch in early 2023, EUROe takes a fiat Euro and transforms it into a 1:1 pegged digital currency that can be used in transactions on all major blockchains.

30.11 / 18:29

Energy Ardern irked by age question as she meets Finland PM Sanna Marin

Sanna Marin is on a working visit to New Zealand and Australia this week, the first ever by a Finnish prime minister.

30.11 / 14:23

Protests Support Estonia introduces new two-euro coin into circulation to support Ukraine

The Bank of Estonia is issuing two million €2 coins with a special design in support of Ukraine, which will be sent to banks and retailers and enter circulation.

29.11 / 13:25

NATO meets to talk Ukraine at scene of one of its most controversial decisions

NATO meets on Tuesday to drum up much-needed support for Ukraine.