Finland Plans to Donate Seized Bitcoins to Help Ukraine: Report

2 years ago

Michael Bellusci is CoinDesk's crypto payments reporter.

Finland is readying to donate bitcoin (BTC) seized from assorted transgression investigations undertaken by its authorities to Ukraine, Finnish insubstantial Helsingin Sanomat reported, citing authorities sources.

  • The magnitude of bitcoin to beryllium donated has not been determined yet, but the imaginable magnitude could beryllium worthy arsenic overmuch arsenic 73 cardinal euros ($77 million) astatine existent prices, according to the report.

  • Finland began looking into the usage of bitcoins to assistance Ukraine successful aboriginal March, the study said. Finland has besides considered donating 1,981 bitcoins seized by its customs section straight to Ukraine.

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Michael Bellusci is CoinDesk's crypto payments reporter.

Michael Bellusci is CoinDesk's crypto payments reporter.


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