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Data Bureau, 389 firms have either had their operating licenses revoked or have asked for their permits to be withdrawn since early 2022.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?