February 20, 2026

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Finnish Crypto Exchange Risks Collapse As Banks Refuse To Do Business

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Finnish Crypto Exchange Risks Collapse As Banks Refuse To Do Business

Finnish Crypto Exchange Risks Collapse As Banks Refuse To Do Business Finnish cryptocurrency exchange and crypto wallet services provider Prasos Oyis one step from being “frozen”, as most Finnish banks will no longer conduct business with them, Bloomberg reports March 9. Founded in 2012, Prasos has seen a ten-fold spike of transaction volumes reaching $185 mln in 2017, which became…

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Cryptocurrency news and discussions.
Forbes article: “We Need To Shut bitcoin And All Other Cryptocurrencies Down. Here’s Why.” + My Response

We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.

You've got to be kidding me with this absolute garbage. Read it for yourself, but the guy is wrong about almost everything he says. It looks like clickbait, but it's in Forbes and I thought Forbes was a respectable publication. When are journalists going to start taking their publications seriously when it comes to cryptocurrency? Why is this Jason Bloomberg dope the "president" of a tech company?

I got so incensed about it that I pushed out a response article of my own. Read it and give me some feedback, or don't — either way, understand that this is the kind of ignorance we're up against in the crypto world. Dinosaurs who think that the whole idea of a decentralized system is so dangerous that it should just be made illegal.

"First they ignore you, then they laugh at you, then they fight you, then you win." It looks like we're getting to the "fight you" stage.

(I am reposting here because it was quietly removed on the bitcoin subreddit after getting almost 300 upvotes. No explanation given – I'm guessing because it mentions other cryptocurrencies. Bizarre.)

submitted by /u/MalcolmRoseGaming
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