South Korean marines in a K-9 prepare to return fire after North Korean shells started a blaze behind them during a 2010 skirmish. South Korean defense ministry photo NATO’s eastern and northern membe...
Tag: Estonia
Two Men in Estonia Charged with Crypto Fraud
Two men in the eastern European nation of Estonia have been arrested after they defrauded crypto investors of more than $575 million in digital funds. Two Men in Estonia Charged with Crypto Crimes The...
Estonia, US Arrest 2 Suspects in $575 Million Crypto Fraud Scheme – Bitcoin News
Law enforcement officers from Estonia and the United States have arrested two men for allegedly committing a large-scale cryptocurrency fraud. The Estonian nationals, who ran a crypto mining service a...
Two arrested in Estonia for $575 million crypto fraud
The U.S. Department of Justice has arrested two Estonian citizens in Tallinn, Estonia for their alleged multi-layered scheme based on shell companies used to launder fraud proceeds. The 18-count indic...
GLEEC Bags Crypto Licenses in Estonia, Its Ninth Regulatory Approval
GLEEC, a cryptocurrency ecosystem that prioritizes trade, the metaverse, and the Gleec Racing game, has been operational for a year and has already secured nine regulatory licenses in eight different ...
Estonia Issues First License to Crypto Service Provider
Striga Technology OÜ is the first entrepreneur to get a green light Financial Intelligence Unit is an independent government agency FIU is under the jurisdiction of the Ministry of Finance A crypto se...
Estonia Issues First Crypto License to Crypto Service Provider
The Financial Intelligence Unit of Estonia has issued its first license to a cryptocurrency service provider under the country’s new regulatory framework that came into force in March 2022. Striga Tec...
Estonia Issues First License to Crypto Service Provider Under New Regulation – Regulation Bitcoin News
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. “Striga Technology OÜ is ...
For Investors, EU Baltics Are Beating Europe. But Geopolitics Not In Their Favor
Map of Latvia Estonia Lithuania getty The three Baltic states of Estonia, Lithuania and Latvia have been part of the European Union for 18 years now. And for the last six years, investors have been be...
Estonia commits the highest aid to Ukraine by GDP share, dwarfing Germany by over 10x
Since the onset of war in Ukraine, the country continues to receive massive aid from allied nations to repel the unprovoked Russian invasion. The need to support Ukraine has resulted in countries comm...
NAGA Sees 63% Revenue Jump in Q1 2022, Gains Estonia License
NAGA Group (XETRA: N4G) on Friday published its Q1 2022 financials, reporting revenue of EUR 18 million, which is a 63 percent increase year-over-year. The EBITDA for the period came in at EUR 5 milli...
Eastern European Presidents Travel To Kyiv As Support Continues To Flow In For Ukraine
Topline The presidents of Poland, Lithuania, Latvia and Estonia will meet their Ukrainian counterpart Volodymyr Zelensky in Kyiv on Wednesday, while western military aid continues to stream into Ukrai...
Upcoming AML Regulations in Estonia to Affect Cryptocurrency Industry – Regulation Bitcoin News
Estonia is preparing to enforce a set of new anti-money laundering rules that will stiffen requirements for crypto companies operating under Estonian license. The changes come amid concerns that Russi...
Sanctions on Russia, Estonia, calls for restrictions on cryptocurrencies
Following calls to this effect by Ukrainian Vice-President and Minister of Technological Innovation Mykhailo Fedorov, for the first time ever, a Prime Minister of Estonia has specifically called for r...
Estonia Calls to Restrict Crypto Amid Fears of Russian Sanctions Evasion
Estonia’s Prime Minister, Kaka Kallas, has warned against the use of crypto to avoid sanctions amid Russia’s invasion of Ukraine, per Reuters. “Our focus must be on full isolation o...
Estonia Regulator Fines Admiral Markets €20,000 for Reporting Errors
Admiral Markets AS, which operates the forex and CFDs broker brand Admirals, has been slapped with a misdemeanor order and a monetary fine of €20,000 by the Estonian financial markets regulator for er...
Estonia Grants a Regulatory License to Plus500
Plus500 was founded in 2008. Since then, it has earned a good reputation in the broker industry, especially for foreign exchange and contracts for differences. Headquartered in Israel, Plus500 holds l...
Plus500 Gains a New Regulatory License in Estonia
London-listed Plus500 (LON: PLUS) has gained a new license from the Estonian regulator, the Financial Supervision Authority (FSA). It will allow the company to operate as an investment firm and offer ...
Estonia offers to track cryptocurrency with the US
TL; DR Breakdown Estonia is willing to offer expertise in controlling crypto to the US. The country’s existing structure encourages local and international trade. Estonia suggests sharing its exper...
Estonia Offers to Share Crypto Experience With US to Identify Best Practices for Digital Assets – Regulation Bitcoin News
Estonian Finance Minister Keit Pentus-Rosimannus has offered to share her country’s experience in regulating cryptocurrencies with the U.S. in a discussion with Treasury Secretary Janet Yellen. Estoni...
High Risk of Illicit Transactions Via Estonia, Reports Crypto Regulator
The risk of illicit transactions passing through cryptocurrency companies based in Estonia is high, according to the country’s crypto regulator. While crypto companies licensed in Estonia have accrued...
Crypto Will Stay in Estonia, But With Regulations
An official clarification regarding the draft legislation submitted not long ago, which also ignited rumors regarding the crypto ban, was revealed by the Estonian Finance Ministry. The proposed law, s...
Estonia Won’t Ban Anonymous Crypto Holding
Key Takeaways Estonia has clarified that recently-drafted regulations will not ban individuals from anonymously holding crypto. Instead, the regulations may prevent companies (virtual asset service pr...
Estonia Clarifies Upcoming Regulations, Will Not Ban Crypto Holding or Trading – Regulation Bitcoin News
The government of Estonia has approved legislation tailored to improve oversight of its crypto sector which expanded rapidly due to favorable regulations and business climate. The new law, which is ye...
Estonia to Strengthen Supervision of Virtual Asset Service Providers
Estonia has recently considered enacting new rules on encryption and proposed draft legislation that will strengthen the supervision of virtual asset service providers, but it has not made the possess...
Estonia is not banning cryptocurrencies; finance minister clarifies rumors
Estonia, a North European nation made headlines in the crypto world with its strict AML regulations a few days back. The strict regulatory policies introduced by the government were seen as regressive...