Estonia Issues First License to Crypto Service Provider Under New Regulation – Regulation Bitcoin News

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Estonia Issues First License to Crypto Service Provider Under New Regulation – Regulation Bitcoin News
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Estonia's regulator has issued the first license for a crypto service provider under the new regulation that entered into force in March. cryptocurrency bitcoin

Estonia’s Financial Intelligence Unit has issued its first license to a crypto service provider under the country’s new regulatory framework that entered into force in March. “Striga Technology OÜ is the first entrepreneur, who is authorized for the first time to provide a virtual currency service since the amendments of the Money Laundering and Terrorist Financing Prevention Act,” the regulator detailed.

Striga Technology OÜ is the first entrepreneur, who is authorized for the first time to provide a virtual currency service since the amendments of the Money Laundering and Terrorist Financing Prevention Act entered into force on 15 March 2022.

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