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Crypto

Denmark crypto ownership stalls at 4 percent

Crypto ownership in Denmark has remained at 4 percent since 2023, lagging major European countries, a report for central bank staff showed. The report pointed to a conservative stance by banks, tax burdens and risk perceptions as constraints on wider adoption. Most holders reported less than 10,000 Danish crowns in crypto. Total national holdings were estimated at $317 million to $847 million, while indirect exposure via crypto-related shares and ETPs totalled $211 million.

AI & Enterprise

Europe infrastructure race heats up as Nebius unveils hyperscale data centre plan

U.S. cloud company Nebius plans to build a new AI data centre in Lappeenranta, Finland, with capacity of up to 310 megawatts. The company said it would be among Europe’s largest once operational and expects to begin initial supply to customers from 2027. The announcement comes as AI infrastructure investment accelerates across Europe, while projects face challenges including higher energy prices than in the United States and difficulties connecting to power grids or securing alternative energy sources.

People & Appointments

Ku Hyeok-chae says Korea to bring forward future networks with Finland in quantum, 6G

Ku Hyeok-chae (구혁채), first vice minister at South Korea\'s Ministry of Science and ICT, met Finland\'s technology envoy Antti Vasara (Antti Vasara) in Seoul on Thursday to discuss strengthening advanced science and technology ties. The talks followed a Finnish proposal to expand cooperation with Korea in quantum, 6G and AI. The two sides also discussed hosting a quantum standards meeting in Finland in May and invited a Finnish delegation to a 6G event in Seoul in December.