Estonia Financial Agency Stops Two Year Long Investigation of Bitcoin Trader
The Estonian Financial Intelligence Unit on Friday stopped its investigation of a Bitcoin trader in the Northern Baltic European nation. The decision comes after Otto de Voogd had evidently exercised his right to remain silent over the course of two years. In February 2014, de Voogd’s BTC.ee announced it “temporarily stopped trading due to threats issued....
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In October, the Estonian government invited anyone, anywhere, to become an e-citizen of the Estonian digital society, open a bank account in Estonia, or start a business. They said that, by the end of the year, anyone with an internet connection would be able to live their financial life in Estonia, all without being physically present. Also read: Become an E-Citizen of Estonian Digital Society. Yesterday those who sent a preliminary application received an email announcing the official launch of the program: "Dear future e-Resident of Estonia, We are happy to announce you that we went....
In October, Estonia invited anyone, anywhere, to become an e-citizen of the Estonian digital society, open a bank account in Estonia, or start a business. They said that by the end of the year, anyone with an internet connection will be able to live their financial life in Estonia, all without being physically present. The Estonian e-Residency program was officially launched on December 1. Also read: Estonian e-Residency Program Launched. In a ceremony in the Estonian capital of Tallinn, Estonia's President Toomas Hendrik Ilves made British journalist Edward Lucas Estonia's first....
Over 1,000 cryptocurrency firms’ licenses have been revoked in Estonia this year as the country tightens the oversight of the crypto industry amid heightened money-laundering concerns. 1,000+ Crypto Firms Lost Their Licenses This Year The Estonian Ministry of Finance revealed Friday that the country’s Financial Intelligence Unit (FIU) has revoked more than 1,000 crypto companies’ licenses this year. Estonia, once a Mecca for cryptocurrency entrepreneurs, started worrying about the money-laundering risks in the crypto sector last year. The announcement follows the meeting....
Last week Estonia invited anyone, anywhere, to become an e-citizen of the Estonian digital society, open a bank account in Estonia, or start a business. By the end of the year, anyone with an internet connection will be able to live their financial life in Estonia, all without being physically present. Also read: Sweden Leads in Cashless Transactions. E-residency is a first step towards a world where a person's online identity matters just as much as their offline identity. "This is the beginning of the erosion of the classic nation state hegemony,". John Clippinger, a digital identity....
Advertisements for Auroracoin, the Icelandic cryptocurrency, have begun to appear at bus stops all around the country. The advertisement, consisting only of “Auroracoin” in text and the coin’s logo on a white background. The advertisements are part of a public awareness campaign by the Auraráð, or Auroracoin, Foundation. According to Pétur Árnason, Auraráð Foundation chairman, these advertisements are meant to lay the groundwork for a resurgence of the Icelandic cryptocurrency later this year. “We have been preparing for Auroracoin promotion in Iceland for over a year now as we wanted to....