Finland Hamstrings Its Ability to Store Confiscated Bitcoin


The post Finland Hamstrings Its Ability to Store Confiscated Bitcoin appeared first on CCN

Finland authorities have confiscated around 2,000 bitcoin – worth nearly $40 million on Dec. 18, 2017 – and is trying to determine how to safely handle them. Finland’s recently announced cryptocurrency guidelines prohibit the government from storing the bitcoin on a virtual currency exchange. The government cannot store the bitcoin on the Internet, Bloomberg News

The post Finland Hamstrings Its Ability to Store Confiscated Bitcoin appeared first on CCN

Posted by Lester Coleman on February 21, 2018 @ https://www.ccn.com/finlands-regs-hamstrings-its-ability-to-store-confiscated-bitcoin/

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