Finland tightens crypto rules under MiCA

The EU’s Markets in Crypto-Assets (MiCA) Regulation has fully entered into force, marking a shift in the oversight of crypto-asset services across the European Union. In Finland, the Financial Supervisory Authority (FIN-FSA) says the changes bring tighter requirements for service providers but warns that risks for consumers remain high.

Finland has adopted one of the shortest transitional periods in Europe. Existing crypto service providers operating in the country have until 30 June to apply for authorisation under MiCA rules.