Cryptocurrency regulation in Estonia
Estonian crypto firms must comply with AML laws under FIU rules. Scorechain helps VASPs meet Estonia’s KYC and licensing requirements.
Estonian crypto firms must comply with AML laws under FIU rules. Scorechain helps VASPs meet Estonia’s KYC and licensing requirements.
Cryptocurrency businesses in Estonia must abide by the Money Laundering and Terrorist Financing Prevention Act since 2020. They are subject to the same AML/CFT rules as financial institutions.
This law requires that Estonian VASPs must register to get a license from the Financial Intelligence Unit (FIU). Moreover, VASPs must follow several rules such as appointing a compliance officer, adopting a risk-based approach, or conducting know-your-customer and customer due diligence processes.
From wallet screening and KYT monitoring to deep-dive investigations, Scorechain gives you everything you need to stay compliant, secure, and audit-ready.
