2023-4-27 19:25 |
Bit4You learnt of CoinLoan's insolvency on April 24 and that it no longer has the necessary registration as a digital asset custodian. origin »
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Estonia is serving as an example of how smaller nations can use technology to punch above their weight and enhance their economic and political standing.
A crypto exchange claiming $1.7 billion in daily trades on its website and $1.4 billion in daily trading volume on CoinMarketCap had reportedly displayed false license data.
Hackers attempted to infiltrate CoinsPaid infrastructure directly starting in March 2023 but switched their approach to targeting individuals through fake high-salary job offers.
The number of registered crypto firms in Estonia has dropped by 80% after it enacted a new law to prevent money laundering. The money laundering regulator in the country, Financial Intelligence Unit, published a report stating that the validity of 389 authorizations has expired, and there are only 100 active authorizations for virtual assets service […] The post New law pushes around 400 crypto firms out of Estonia appeared first on CryptoSlate.
On Sunday, the Estonian Ministry of Finance squashed reports that it would prohibit cryptocurrency ownership and trading. According to their new draft legislation for virtual asset service providers (VASPs), customers will not be banned from possessing or trading virtual assets.
After initially embracing cryptocurrencies five years ago, Estonia is now reconsidering its position in light of a policy review. The post Policy Review Forces Crypto Crackdown in Estonia appeared first on BeInCrypto.