Estonia Approves First Bitcoin, Crypto Bank After New Legislation

Estonia Approves First Bitcoin, Crypto Bank After New Legislation

Striga is the first VASP to be approved since Estonia enacted a new legal framework restricting service providers in the bitcoin and crypto ecosystem.Striga gains regulatory approval to operate in Estonia as a VASP. The company is the first VASP to be approved following the country’s reworked legislation for VASPs. The law requires KYC information, capital requirements, and affiliation with Estonia.Striga, a bitcoin and cryptocurrency banking infrastructure provider, became the first virtual asset service provider (VASP) to gain regulatory approval in Estonia following the country’s....


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