Olli Rehn backs the ECB's planned digital euro, betting that the move will create opportunities for innovation and act as an anchor to maintain monetary stability as more people lose trust in cash.
Finland is carrying out drills as it braces itself for cryptocurrency ransomware attacks on its institutions.
The five, which include LocalBitcoins and Prasos, will be closely monitored by Finland’s market regulator.
Finland’s Financial Supervisory Authority has taken over regulating cryptocurrencies, according to a new law that is set to take effect later this week.
LocalBitcoins will soon become supervised by Finland’s Financial Supervisory Authority (FSA), as the firm announced on its blog.