Estonia: the number of licensed crypto companies will reach 1000 soon

Estonia: the number of licensed crypto companies will reach 1000 soon
It has not been a year since Estonia started licensing cryptocurrency companies, and the number of licensed companies has already exceeded 900. The authorities of a small Baltic country follow a progressive approach to crypto sphere regulation, but startups complain that local banks are still reluctant to go for cooperation.

Estonia has become one of the first jurisdictions in the EU to legalize the work of the crypto sector. There are two types of licenses in the country. Approximately 500 cryptocurrency exchanges received the first type of licenses, another type of license - cryptocurrency wallet operators, which number is more than 400 now.

According to the Njord resource report, which is based on data from the register of ...
Read more about "Estonia: the number of licensed crypto companies will reach 1000 soon" on coinatory.com

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