comparemela.com

Latest Breaking News On - Chief financial officer pekka pylkk - Page 1 : comparemela.com

Finnish Customs plans to cash in on confiscated bitcoin

Finland’s Customs office has announced plans to sell its cryptocurrency assets. The agency has previously hesitated over what to do with an estimated 1,981 in bitcoin, mostly seized in connection with narcotic investigations. At the current exchange rate, the blockchain-based currency could be worth up to 60 million euros, although the value of Bitcoin has fluctuated hugely in recent years. Most of the agency’s crypto assets date from 2016, when 1,666 bitcoins were seized in a major drug bust. The value of that seizure was initially less than 700,000 euros, but at today’s price it has risen to more than 50 million euros.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.