Finland Bitcoin Reserves and Cryptocurrency Policies

Finland regulates crypto under FIN-FSA and EU’s MiCA framework, holding ~$203M in seized Bitcoin but not adopting it as legal tender (May 2025).

~1,981 BTC from seizures
Valued at ~$203M (May 2025)

Neutral
Regulated via Act on Virtual Currency Providers (2019)

Holds seized BTC in cold storage
FIN-FSA oversees exchanges with KYC/AML

Finland Cryptocurrency Profile

Country	BTC Reserves	% of Global Holdings	Legal Status	Last Updated	Key Policies
Finland	~1,981 BTC Seized	0.01%	Neutral	2024-12-13	Legal to buy, sell, and use crypto since Act on Virtual Currency Providers (2019) FIN-FSA oversees exchanges (e.g., Northcrypto, Coinmotion), enforcing KYC/AML per EU’s MiCA framework (2024) Holds ~1,981 BTC (~$203M, December 2024) from seizures, stored in cold storage Crypto not legal tender; treated as high-risk, speculative assets by government Capital Gains Tax: 30% on gains >€1,000, 34% if >€30,000; Income Tax up to 44% on mining/staking Historical role: Martti Malmi conducted first BTC-to-USD trade (2009); LocalBitcoins shut down (2023)