Glossary > Cryptocurrency regulation in Estonia

Cryptocurrency regulation in Estonia

What is the cryptocurrency regulation in Estonia?

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.

FIU’s website.