Helsinki, the capital of Finland, is a vibrant city that has shown a growing interest in cryptocurrency and blockchain technology. The city has become a hub for crypto enthusiasts and is home to notable figures in the industry. One such figure is Martti Malmi, who made history by being the first person to sell Bitcoin for fiat currency. Another prominent individual is Henri Brade, a board member of Coinmotion.Despite the growing interest in crypto, Finland as a whole maintains a cautious approach towards it. There are concerns about scams and money laundering, which has led to certain actions being taken. For instance, the Finnish customs service decided not to auction seized Bitcoin in 2018 due to fears of it falling into the wrong hands.The media coverage of cryptocurrency in Finland has also been a topic of discussion. While there has been improvement, it is often noted that interviews tend to feature cryptocurrency critic Aleksi Grym without seeking alternative pro-crypto views.Finland’s stable and high-trust society, along with its efficient banking systems and low cash usage, may contribute to the cautious attitude towards disruptive technologies like cryptocurrency. However, there are efforts to accelerate the development of Web3 services in the country. The Finnish Innovation Fund, for example, has prioritized the creation of the metaverse in line with European values.In terms of academia, the University of Turku hosts a research group focused on decentralized autonomous organizations (DAOs), showcasing Finland’s interest in exploring the potential of blockchain technology.Overall, Helsinki is a city with a growing crypto culture, but one that remains cautious and skeptical. The presence of notable figures and ongoing efforts to embrace Web3 services indicate a promising future for the crypto industry in Finland.

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Information	Details
Geography	Europe
Countries	🇫🇮 🇪🇪
Sentiment	neutral
Relevance Score	1
People	Elias Ahonen, Aleksi Grym, Sanna Marin, Heikki Herlin, Anita Kalergis
Companies	Equilibrium Labs, Finnish customs service, Xellox, Finnish Central Bank, Northcrypto, Finnish National Gallery, Fungi, University of Turku, The Good Cartel, Habbo NFT, Konsensus, Ukrainian government, Coinmotion, Membrane Finance, Konsensus., STRGL, Phaver, Kleoverse, Finnish Innovation Fund, Chainfrog, TX – Tomorrow Explored
Currencies	Bitcoin
Securities	None