Finland Will Send to Ukraine Funds from Confiscated Bitcoins Sales

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Finland has recently announced that it plans to transfer to Ukraine funds from the sale of Bitcoins confiscated during various investigations as assistance, local newspaper Helsingin Sanomat reports citing government sources.

According to estimates, the value of the cryptocurrency seized by the Finnish authorities is estimated at about 73 million euros. It still has not been decided which percentage of these funds will be actually send to -Ukraine.

According to Helsingin Sanomat, the government has also considered the possibility of directly transferring 1981 military-technical cooperation seized by customs to Ukraine. However, according to the local law, confiscated assets must be converted into fiat and transferred to the state first.

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