Crypto License, officially: Virtual Asset Service Provider (VASP) defined by the Financial Action Task Force (FATF), a virtual currency service, a business that conducts one or more actios such as the exchange between virtual assets. More on that from our blog.
Estonia Cryptocurrency: Laws, Licenses, Advantages, & More
Applying for a crypto license in Estonia can be tricky but beneficial. Read our article to learn more about Estonia cryptocurrency regulations.
AML / Compliance Officer
AML officer is the contact person for the Estonian Financial Intelligence Unit (FIU), who will answer directly to the company's board. The AML officer is either employee of the company or part of the structural unit, i.e., the company board of directors.
Estonian crypto license updates 2022
The changes to Estonian AML Act were approved by the Parliament and the new AML rules came into effect on 15th of March 2022. As of 23rd of May 2022, 347 valid licenses for the provision of virtual asset services had been issued in Estonia.
New Crypto Regulation Changes in Estonia?
A couple of weeks ago the Estonian parliament published a new draft law for crypto companies in Estonia.
Crypto Regulations: Malta vs Germany vs Estonia
In this blog post, I will try to give you a very high-level overview of crypto regulations in three different EU countries – Germany, Malta, and Estonia.
Risk-Assessment for Crypto AML Officers
In 2020, Estonia changed its crypto regulations. As a result, Estonian authorities withdrew more than 1200 crypto licenses.
Why Estonia Revoked 1296 Crypto Licenses
Estonian crypto licenses have been very popular in the crypto industry. Mostly because there aren’t that many jurisdictions which have crypto regulations and specific licenses.
Key Updates on Estonian Crypto Licensing Process
In the spring this year Estonia changed its crypto regulations. Like everything in 2020, this as well has been a chaotic and unpredictable process.
Outsourcing Board Member and AML Officer Services? TAX RISK WARNING!
Hiring a board member and a local AML/Compliance officer is one of the requirements for the crypto license applicants.
Recruiting Services for Crypto Companies & FinTechs
Starting a FinTech or a crypto company comes with a set of requirements. One of the main requirements is setting up local operations with local personnel.
What is FinTech Launchpad in Estonia?
We work a lot with Fintechs and crypto companies. Crypto companies do fall into the Fintech category in my opinion, but it’s also a whole separate category by its own.