Bitcoin News / Bitcoinist - 1 month ago
Estonia, a nation long known for its embrace of digital innovation, is revamping its cryptocurrency regulations to create a more robust and transparent market. The Estonian government recently approved a bill that will significantly increase oversigh...
Bitcoin News / Bitcoinist - 2 months ago
The Government of Estonia has approved the extradition of Ivan Turogin and Sergei Potapenko, co-founders of the defunct Bitcoin mining company HashFlare, to the United States to face charges of cryptocurrency fraud, among other criminal activities....
Bitcoin News / Bitcoin.com - 2 months ago
The Estonian government has once again approved the extradition of the two alleged masterminds behind the Hashflare crypto mining Ponzi scheme to the United States. According to a local news report, the government has met the conditions for the men’s...
Cryptocoins News / The Cointelegraph - 4 months ago
Ivan Turogin and Sergei Potapenko are suspected in a $575 million fraud case, but they can’t be exposed to U.S. detention conditions. Ivan Turogin and Sergei Potapenk...
Bitcoin News / Bitcoin.com - 6 months ago
Bad actors exploited Estonia’s once liberal licensing regime for crypto companies to defraud investors and commit other crimes, an investigative report claims. The authors say they discovered dozens of such cases, including scams and schemes for sanc...
by COINS NEWS - 6 months ago
We keep posting news articles on what some government official said about Crypto hoping it will bring us one step closer to mass adoption. What if I tell you there is a whole nation, where digital asset business and investment is well taken car...
Bitcoin News / Bitcoin.com - 11 months ago
The majority of crypto companies attracted by the once favorable Estonian regulations have either abandoned or lost their licenses. According to the latest numbers released by the Baltic nation’s anti-money laundering bureau, only 100 businesses are...
Cryptocoins News / The Cointelegraph - 11 months ago
Estonia’s money laundering regulator highlighted a number of issues it found within local crypto firms, such as dodgy execs and nonsensical business plans. Almost 40...
Cryptocoins News / Finance Magnates - 11 months ago
Enforcement of last year’s amendment
to Estonia’s anti-money laundering (AML) and countering the financial of
terrorism (CFT) regulation has
resulted in a dramatic drop in the number of licensed cryptocurrency service
providers. As of May 1, 2023, th...
Cryptocoins News / CoinJournal - 1 year ago
Estonia’s Monetary Investigation Unit (FIU) has introduced new crypto legislation.
90% of platforms are liable to dropping their license or being pressured to relocate beneath the new legal guidelines.
Amongst different issues, cryptocurrency...
Bitcoin News / Bitcoinist - 1 year ago
The crypto industry has seen massive growth in recent years. And since the mainstream adoption accelerated, cybercriminals and scammers also ramped up their efforts to deceive innocent users in crypto. As a result, the global law enforcement sector a...
Bitcoin News / Bitcoin.com - 1 year ago
Law enforcement officers from Estonia and the United States have arrested two men for allegedly committing a large-scale cryptocurrency fraud. The Estonian nationals, who ran a crypto mining service and a fake virtual currency bank, laundered their p...
Bitcoin News / Bitcoin.com - 1 year ago
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 entrep...
More / Bitcoin Reddit - 1 year ago
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 b...
Bitcoin News / Bitcoin.com - 2 years ago
Estonia is preparing to enforce a set of new anti-money laundering rules that will stiffen requirements for crypto companies operating under Estonian license. The changes come amid concerns that Russia may use crypto to evade western sanctions and an...
Bitcoin News / Bitcoin.com - 2 years ago
The Prime Minister of Estonia has said cryptocurrencies must be restricted in order to address loopholes that may be used by sanctioned Russian entities to evade the punitive measures. In addition, the premier wants all Russian as well as Belarusian...
Cryptocoins News / Blockchain - 2 years ago
The Finance Minister of Estonia announced that the country is ready to share its experience in terms of crypto regulations with the United States. Keit Pentus-Risomannus talked about this with the United States Treasury Secretary during a special v...
Bitcoin News / Bitcoin.com - 2 years ago
Estonian Finance Minister Keit Pentus-Rosimannus has offered to share her country’s experience in regulating cryptocurrencies with the U.S. in a discussion with Treasury Secretary Janet Yellen.
Estonia Offers to Share Crypto Experience Wi...
Bitcoin News / Bitcoin.com - 2 years ago
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 requireme...