DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Cryptonews

80% Drop in No. of Licensed Estonian Crypto Firms – What’s Caused the Fall?

There has been an 80% drop in the number of registered crypto firms operating in Estonia, official data has revealed. Per a release from the government-run Anti-Money Laundering Data Bureau, 389 firms have either had the...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

80% Drop in No. of Licensed Estonian Crypto Firms – What’s Caused the Fall?
There has been an 80% drop in the number of registered crypto firms operating in Estonia, official data has revealed.
Per a release from the government-run Anti-Money Laundering Data Bureau, 389 firms have either had their operating licenses revoked or have asked for their permits to be withdrawn since early 2022.
The government amended the Prevention of Money Laundering and Terrorist Financing Act on March 15, 2022....
Read More: 80% Drop in No. of Licensed Estonian Crypto Firms – What’s Caused the Fall?

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context