Estonia Cryptocurrency License Amendments from March, 10th 2020

Updated: Dec 28, 2019

Starting a cryptocurrency-related business has become quite lucrative in Estonia, mainly because of the favorable government policies over foreign investment and cryptocurrency regulations. However, the upcoming amendments effective from the 10th of March 2020 have created a lot of buzz in the entire crypto community, how is it going to shape the crypto industry in the world’s first digital nation, Estonia?

The law will be enforced from the 10th of March next year, while companies that hold the license to operate a crypto business in Estonia have time until the 1st of July 2020 to comply with the new amendments.

Consulting24 team is dedicated to helping its existing clients to comply with the amended Act and welcomes new projects onboard.