🚨 LocalBitcoins announces supervision by Finnish financial authorities

Popular peer-to-peer bitcoin exchange LocalBitcoins announced the approval of new anti-money-laundering laws by the Finnish Parliament which will bring all "virtual currency providers" under the supervision of the Financial Supervisory Authority of Finland. The act will come into effect in November 2019, which LocalBitcoins says should "significantly improve Bitcoin’s standing as a viable and legit financial network."

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