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Finnish regulators tighten the screw on virtual currency marketing
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Hot on the heels of the rising cryptocurrency hype, Finnish regulators have dropped a formal notice. On Nov. 24th, the Financial Supervisory Authority (FIN-FSA) stated:
Finland is a highly economically free country, ranking 17th in the Index for Economic Freedom. However, as LocalBitcoins CEO Sebastian Sonntag told Cointelegraph upon receiving their FSA license in 2019:
It appears that the FSA is keen to protect investors — particularly retail — who are more likely to be influenced by marketing
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