News with the tag "Finland"

Finland has taken a significant leap in crypto adoption, introducing its first exchange-traded products (ETPs) on Nasdaq Helsinki. The launch marks a turning point for the Nordic region, with Finland becoming a key player in integrating cryptocurrency into regulated investment channels. These ETPs, ...

Paxos agreed to buy electronic money institution Membrane Finance, which is licensed in Finland.

Richard Schueler, aka Richard Heart, is already at the center of an SEC suit. Now he has issues in Finland, his chosen country of residence.

U.S. chipmaker Advanced Micro Devices (AMD) will acquire Finland-based artificial intelligence startup Silo AI for $665 million, the company announced on Wednesday. The all-cash deal is said to be the largest of any privately owned AI company in Europe in a decade. Also read: Europe’s AI Act gets fi...

Finnish telecommunications major Nokia Corporation will be acquiring California-based telecommunication equipment company Infinera Corporation for $2.3 billion in a bid to scale up its optical business, the company announced on Thursday. Infinera’s stock rose 18% after the deal announcement. Infiner...

Bitcoin mining giant Marathon Digital wants to use the excess heat from mining operations to warm an entire Finnish community. This 2-megawatt pilot project plans to heat water at a centralized facility and then distribute it through underground pipes to provide warmth to 11,000 residents in the Sat...

Selling excess heat from Bitcoin mining could be another financial lifeline for miners after the 2024 Bitcoin halving.

Using recycled heat, Marathon is warming a town in Finland using Bitcoin mining.

The European Union approved the final version of its much-awaited Artificial Intelligence (AI) act on Tuesday, making it the first major economic power to introduce comprehensive rules for the fledgling industry. The new rules, aimed at restricting the public use of AI considered high-risk, like dee...

Finland is emerging fast as an attractive place for crypto mining due to its relatively cool climate, which helps with cooling mining rigs, and its abundant renewable energy sources. Additionally, The post Can Finland Be Europe’s Next Crypto Mining Giant appeared first on BitcoinWorld .