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Estonia’s Registered Crypto Firms Drop 80% as Tough New Checks Reveal 'Suspicious' Behavior

Regulators in the tech-friendly nation say they’ll now return to business-as-usual monitoring after money laundering fears led it to take a tough line.

Updated May 8, 2023, 1:30 p.m. Published May 8, 2023, 1:30 p.m.
Matis Mäeker has said the new law will professionalize the crypto sector. (Estonian FIU)
Matis Mäeker has said the new law will professionalize the crypto sector. (Estonian FIU)