Estonia Clarifies Upcoming Regulations, Will Not Ban Crypto Holding or Trading

Estonia Clarifies Upcoming Regulations, Will Not Ban Crypto Holding or Trading

The government of Estonia has approved legislation tailored to improve oversight of its crypto sector which expanded rapidly due to favorable regulations and business climate. The new law, which is yet to be adopted, will introduce stricter requirements for service providers without preventing their clients from owning or exchanging cryptocurrencies. Authorities in Tallinn Draft Stricter Rules for Crypto Service Providers The executive power in Estonia has prepared and approved draft legislation designed “to more effectively regulate virtual asset service providers....


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