The negotiations concerning Finnish Customs’ cryptocurrency broker continue with two operators
Finnish Customs has invited two operators to participate in the competitive negotiated procedure concerning a cryptocurrency brokerage service. The negotiations with the chosen candidates as well as the publication of the final call for tenders from the candidates participating in the negotiations are planned for before the end of this year.
Customs’ aim is to find a cryptocurrency broker through competitive negotiated procedure, who safely and reliably can carry out the sale of cryptocurrencies forfeited to the State. At the end of July, Customs published a request to participate where businesses providing cryptocurrency brokerage services were requested to announce their willingness to participate in the competitive negotiated procedure for the procurement. Within the time limit, seven operators announced their willingness to participate in the competitive negotiated procedure. Now two of the candidates have been invited to participate in the negotiations.
Coinmotion Oy and Tesseract Group Oy have been invited to participate in the negotiated procedure. Both chosen operators are registered in the register of cryptocurrency service providers, they have experience in the brokerage of large lots of cryptocurrencies and they have demonstrated in their applications procedures for preventing money laundering and for checking the buyer’s background.
The negotiations as well as the publication of the final call for tenders from the candidates is planned for before the end of 2021. When the broker has been chosen, Customs will release information on the matter.
Customs has seized bitcoins and other cryptocurrencies in connection with investigations into offences related to narcotics and doping substances. Customs has 1,981 bitcoins. Customs has also seized other cryptocurrencies this year, but since the preliminary investigations into these cases are ongoing, the currencies or their amounts cannot be revealed in detail.
Read more in Customs’ previous press releases: