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Baltic Tech Hub Warns of Crypto Risk as Sweeping Crackdown Looms

From bnnbloomberg.ca

After riding the initial wave of the digital-currency revolution half a decade ago, Estonia is cracking down on the ballooning industry in a cautionary tale for would-be crypto hubs. With a key review of its anti-money laundering enforcement policies by the Council of Europe slated for early next year, the government of the Baltic nation is weighing firmer oversight of what’s become a popular European center for digital coin trading and the accompanying infrastructure. “We will toughen our supervision, we will toughen our approach which concerns the market entry,” said Matis Maeker, the director of Estonia’s ... (full story)

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