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How Not to Lose Your Cryptocurrency License in Estonia

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Stock, Top News
imageCryptocurrency12 hours ago (Aug 02, 2020 02:40PM ET)

How Not to Lose Your Cryptocurrency License in Estonia

Recently, there have been discussions regarding Estonia’s new law on cryptocurrency, the revocation of 500 crypto licenses in Estonia, and companies exiting from Estonian regulatory jurisdiction. Let’s focus on three major recommendations.

Yes, it might sound odd, but I think one of the reasons why companies have been losing their crypto licenses is some consulting companies. I won’t mention specific firms, but I am aware that some consulting companies conduct very aggressive marketing, spamming their adverts for a single reason — to sell a “ready company” with licenses and, in some cases, with a bank account.

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How Not to Lose Your Cryptocurrency License in Estonia

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