Finland plans to donate to Ukraine bitcoins seized during various criminal investigations.
The Finnish government has selected two local digital asset service providers to act as intermediaries.
Finland’s customs agency announced Thursday that Coinmotion Trading Company and cryptocurrency lender Tesseract will be the intermediaries.
Thus, Finland will provide Coinmotion and Tesseract with about 1,890 BTC ($75 million) for sale by early summer.
Finland’s Finance Minister and Deputy Prime Minister Annika Saariko confirmed the reports via her Facebook account, with the caveat that bitcoin will be sold and the funds will be donated in euros.