Cryptocurrency companies operating in Estonia must comply with anti-money laundering (AML) and customer knowledge (KYC) regulations. These regulations aim to prevent the use of cryptocurrencies for illegal activities, such as money laundering and terrorist financing....
Many entrepreneurs who were previously interested in obtaining a cryptocurrency licence in Estonia now doubt the advisability of such a decision due to the strict regulations on crypto projects. However, this strictness of Estonian law regarding virtual currencies...
Within a few years, Estonia has managed to become practically a cryptocurrency paradise. Since 2017, more than 1,500 cryptocurrency companies have obtained a local license. However, in 2020, as part of the fight against money laundering, the regulator revoked...
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