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 … Continued

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

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