Under Finnish law, all crypto service providers operating domestically must register and comply with financial regulations.

The latest numbers suggest enforcement and awareness are growing—but full transparency remains elusive.

In January, Finnish police seized around $2.68 million worth of luxury watches from Hex founder Richard Schueler, also known as Richard Heart, as part of an ongoing investigation into tax fraud and assault.

The 20 high-end watches, mostly Rolexes, were discovered in a residence in Espoo and are believed to belong to Schueler.

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