Jurisdiction reference
Finland
Regulator: Finanssivalvonta. License/registration context: Registration. 101 VASP/entity records are tracked by Plexo Institute in Finland. Official registry source: EU Markets in Crypto-Assets Regulation (MiCA). Data last updated: 2026-09-24.
Under MiCAR, which took full effect on December 30, 2024, issuance and service provision around EMTs and ARTs require authorization. Finland transitioned its existing national Virtual Currency Provider rules into the new EU-aligned Crypto-Asset Market framework, with a transition deadline of June 30, 2025. After this date, only entities authorized as Crypto-Asset Service Providers (CASPs) by the FIN-FSA can operate. DeFi and DAOs remain outside MiCAR's scope and continue in a regulatory grey zone.
Regulatory Status
- Jurisdiction code
- FI
- Regime
- Registration
- Regulator
- Finanssivalvonta
- Governing law
- Virtual Currency Providers Act 2019 / MiCA
- Travel Rule
- Enforced
- Tracked entities
- 101
- Recognized stablecoin backing
- fiat-backed, crypto-backed, commodity-backed
- Yield-bearing stablecoins
- Restricted
- Currency
- EUR
Regulatory approach
The FIN-FSA (also "Fiva") is Finland's financial regulator, liaising closely with the EU framework
Licensed entities in Finland
Showing 34 of 101 regulated-entity records tracked in Finland by Plexo Institute.
| Entity | Status | License type |
|---|---|---|
| Ab Compass Card | Licensed | Payment Institution (PI) |
| AirPay Digital | Licensed | Payment Institution (PI) |
| Alma Finanssipalvelut | Licensed | Payment Institution (PI) |
| Bittimaatti | Licensed | MiCAR CASP |
| Book Salon | Licensed | Payment Institution (PI) |
| Coinmotion | Licensed | Payment Institution (PI) |
| Enfuce License Services | Licensed | E-Money Institution (EMI) |
| Epassi Clearing | Licensed | Payment Institution (PI) |
| Euteller | Licensed | Payment Institution (PI) |
| Fellow Finance | Licensed | Payment Institution (PI) |
| Holvi Payment Services | Licensed | Payment Institution (PI) |
| Ivy Pay | Licensed | Payment Institution (PI) |
| Kvarn Capital | Licensed | Payment Institution (PI) |
| MobilePay Finland | Licensed | Payment Institution (PI) |
| Narvi Payments | Licensed | E-Money Institution (EMI) |
| Neste Markkinointi | Licensed | Payment Institution (PI) |
| NorthCrypto | Licensed | MiCAR CASP |
| Paxos Issuance Europe | Licensed | E-Money Institution (EMI) |
| PaySaxas | Licensed | E-Money Institution (EMI) |
| Paytrail | Licensed | Payment Institution (PI) |
| Pine & Cone | Licensed | Payment Institution (PI) |
| Pliant | Licensed | E-Money Institution (EMI) |
| St1 Finance | Licensed | Payment Institution (PI) |
| Starcart Payments | Licensed | Payment Institution (PI) |
| Svea Payments | Licensed | Payment Institution (PI) |
| Tesseract Investment | Licensed | MiCAR CASP |
| Tietoevry Pay | Licensed | Payment Institution (PI) |
| Trumo Finance | Licensed | Payment Institution (PI) |
| Vauraus Suomi | Licensed | Payment Institution (PI) |
| Verifone Finland | Licensed | Payment Institution (PI) |
| Visma Payments | Licensed | Payment Institution (PI) |
| Wamo Solutions | Licensed | E-Money Institution (EMI) |
| Wolt License Services | Licensed | Payment Institution (PI) |
| Zevoy Aktiebolag | Licensed | Payment Institution (PI) |
Browse all 101 records in the regulated-entity registry, including the remaining 67 in Finland.
Relationship Graph
Jurisdiction FAQ
Who regulates Finland?
The current Plexo Institute record lists Finanssivalvonta as the regulator for Finland.
How many VASPs are tracked in Finland?
101 VASP/entity records are tracked by Plexo Institute in Finland.
What is the Travel Rule status in Finland?
The current Plexo Institute record lists the Travel Rule status for Finland as Enforced.
Source Evidence
This profile is compiled from official legislation and regulator records. Source confidence: official source evidence.