- Estonia’s Financial Intelligence Unit has issued its first license to a crypto service provider under the country’s new regulatory framework that entered into force in March.
- The Financial Intelligence Unit is an independent government agency under the jurisdiction of the Ministry of Finance with the mission to prevent money laundering and terrorist financing in Estonia.
- The financial regulator clarified that as of Sept. 21, there were 177 valid licenses for virtual asset service providers previously issued by the FIU.
Estonia Issues First License to Crypto Service Provider Under New Regulation
