Estonia Issues Over 900 Licenses to Cryptocurrency Businesses

In less than a year since Estonia introduced licensing for companies operating in the cryptocurrency industry, the number of licenses issued has surpassed 900. Authorities in the Baltic country have adopted a rather progressive approach to regulating the crypto space but startups have complained that local banks are still reluctant to offer them regular services.    

Also read: Isle of Man Updates Registration Rules for Cryptocurrency Businesses

Approval Takes About Two Weeks

Estonia,...

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