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Finnish Customs Is Seeking Cryptocurrency Brokers To Sell Seized Cryptocurrencies

Mary Liu

Summary: The Finnish Customs (Tulli) has issued an invitation to cryptocurrency brokers in order to find operators that can safely and reliably sell the seized cryptocurrency through a competitive negotiation process. Companies participating in the tender must register before August 30, 2021. There will be up to three brokers winning the bid.  A report by Helsingin ...

The Finnish Customs (Tulli) has issued an invitation to cryptocurrency brokers in order to find operators that can safely and reliably sell the seized cryptocurrency through a competitive negotiation process.

Companies participating in the tender must register before August 30, 2021. There will be up to three brokers winning the bid. 

A report by Helsingin Sanomat stated that the Finnish customs hold 1,981 BTC with a current value of over $78 million. 

The chief financial officer Pekka Pylkkanen added in the announcement: "Our aim is to create a permanent procedure through which we safely and reliably can realise cryptocurrencies forfeited to the State also in the future. The chosen operator must e.g. extensively fulfill the requirements of the legislation on cryptocurrencies".

By Mary Liu

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