Digital Euro to Handle ‘Almost Unlimited’ Payments, Estonian Central Bank Says After Test

Digital Euro to Handle ‘Almost Unlimited’ Payments, Estonian Central Bank Says After TestA blockchain-based digital euro would be highly scalable allowing it to process an almost unlimited number of payments, the central bank of Estonia has concluded following a recent experiment. Central banks from several euro area countries and the ECB participated in the test, which also professed to show the digital currency’s carbon footprint would be […]

Go to Source

Powered by WPeMatico

Estonia’s Government Still Wants to Implement Stricter Rules for Licensing Crypto Firms

Estonia's New Government Still Wants to Implement Stricter Rules for Licensing Crypto FirmsThe new administration in Estonia is still planning to pursue an agenda to tighten rules for companies dealing with cryptocurrencies. The Ministry of Finance is looking to strengthen anti-laundering measures within the context of a major money-laundering scandal that involved Danske Bank. Estonia Revoked Over 1,000 Crypto Firms’ Licenses in 2020 Per a report by […]

Go to Source

Powered by WPeMatico

Estonia Revokes More Than 1,000 Crypto Firms’ Licenses This Year

Estonia Revokes More Than 1,000 Crypto Firms' Licenses This YearOver 1,000 cryptocurrency firms’ licenses have been revoked in Estonia this year as the country tightens the oversight of the crypto industry amid heightened money-laundering concerns. 1,000+ Crypto Firms Lost Their Licenses This Year The Estonian Ministry of Finance revealed Friday that the country’s Financial Intelligence Unit (FIU) has revoked more than 1,000 crypto companies’ […]

The post Estonia Revokes More Than 1,000 Crypto Firms’ Licenses This Year appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico