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Estonian Consulting Firm Claims It’s Harder to Get a Crypto License Following Regulation

Published 05/16/2019, 10:54 AM
Updated 05/16/2019, 11:22 AM
Estonian Consulting Firm Claims It’s Harder to Get a Crypto License Following Regulation

Estonian consulting firm Eesti has claimed that it is getting harder to get a cryptocurrency license in Estonia in a press release published on May 16.

The Estonian government’s Ministry of Finance introduced changes to the licensing process on May 3. The new regulations adds a numbered formal obligation, extends the processing time from 30 to 90 day and establishes the requirement for a company or branch to be incorporated in Estonia.

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