LocalBitcoins Announces Supervision by Financial Supervisory Authority of Finland

Cointelegraph

Published Mar 25, 2019 01:22PM ET

Updated Mar 25, 2019 01:44PM ET

LocalBitcoins Announces Supervision by Financial Supervisory Authority of Finland

International peer-to-peer (P2P) crypto exchange LocalBitcoins will soon become supervised by the Financial Supervisory Authority of Finland, as the firm announced on its blog on March 25.

Helsinki-based LocalBitcoins wrote that the Finnish Parliament approved new legislation that will provide a legal status for cryptocurrency assets on March 13, 2019.

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