2019-4-1 18:19 |
Estonian government-run e-Residency program has been a huge success so far. It’s a digital identity issued by the government, providing access to Estonia’s e-services and transparent business environment.
This initiative has been trusted by more than 50 000 people from 165+ countries who have established over 6000 Estonian companies. However, good things can have their downsides as well. Strengthening the Anti-Money Laundering policy in Europe and several banks being closed down due to suspicious transactions have cast a dark shadow over the e-Residency program. The Copenhagen-based Danske Bank faced a money laundering scandal due to suspicious transactions by non-resident accounts between 2007
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