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Still ‘significant risk’ with crypto asset service providers, FIN-FSA reports

A visual representation of the digital Cryptocurrency, Bitcoin.
Photo: Dan Kitwood/Getty Images

Money laundering and terrorist financing are the top risks among digital asset providers, says the Finnish authority.

There is still ‘significant risk’ around crypto asset service providers, with a ‘very significant’ risk for money laundering and terrorist financing, the Finnish Financial Supervisory Authority (FIN-FSA) reports.

The authority has prepared a risk assessment of the virtual asset service providers it supervises, and found that the chances of criminal