2 Estonian citizens face charges over alleged $575M digital asset scam
The defendants allegedly used fabricated documents and fraudulent representations to siphon the majority of investor funds for their personal use, federal authorities said.
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Estonia’s new AML laws target DeFi and ICOs, with fines leading up to $450K
Estonia has been working on new AML laws that the government approved two weeks ago, and they are designed to clamp down on the digital currency industry.
‘Start again’: Estonia regulator wants digital currency licenses revoked
Matis Mäeker, head of Estonia’s Financial Intelligence Unit, said the state should consider scrapping regulation “to zero and start licensing all over again,” over concerns about the impact of the sector.
Bank of Estonia discovers unlimited potential in digital euro pilots
Eesti Pank announced it had discovered a “novel blockchain-based solution could in theory support almost unlimited numbers of payments being processed at the same time.”
Estonia: Over 1,000 digital currency startups lost license in 2020
Finance minister Veiko Tali was quoted saying the figures were evidence digital currency firms required “heightened attention” from regulators to ensure compliance.
Estonia central bank talks CBDC research project, combating digital currency fraud
Rainer Olt, head of Payments and Settlement Systems Department, said Eesti Pank wants to “address and overcome the bottlenecks of DLTs for bearer CBDC.
Estonia launches CBDC research after delisting 500 digital currency firms
The Estonian central bank has launched a multi-year research project into the viability of a central bank digital currency.
Estonia e-Residency scheme linked to growing digital currency fraud: report
The e-Residency program in Estonia has been linked to several high profile cryptocurrency frauds, according to official police reports.
Estonia strips 500 digital currency firms of licenses
Estonian authorities are cracking down on digital currency firms as they strive to clean up following Europe’s largest ever money laundering scandal.
Indian exchange BuyUCoin expands to Estonia
BuyUCoin exchange is expanding to Estonia after obtaining the two licenses required to operate in the country. It also partnered with local mobile payments firm.
Chilean crypto exchange granted license in Estonia
Chilean exchange CryptoMarkets has obtained a license in Estonia, allowing it to offer its services in Europe, the third such time by a South American exchange.
Estonia leaks email addresses of over 200 crypto trading firms
Estonian authorities leaked the emails of over 200 crypto trading firms in a recent anti-money laundering campaign.