Estonia is named as one of the best countries for doing business in the field of cryptocurrencies and one of the first EU jurisdictions that made the work of cryptosector legal and allowed to legally organize and manage ICO on the basis of blockchain technologies.

As we described in our article New opportunities for business, we suggest you discover new opportunities for doing business – licensed cryptocurrency business.

Estonian government structures are relatively friendly towards blockchain technologies. Estonia was one of the first countries in the world that made amendments to the money laundering and terrorism finance prevention law, that allowed doing cryptobusiness in the country.

What is necessary to start cryptoactivities?

Of course, the first step is registration of a company in the Estonian jurisdiction. As we wrote earlier in our article Company in Estonia within 24 hours it is fairly easy to register a company and can be done completely online!

After that, the company will be registered, we will prepare all the necessary documents for receiving the license.

Today it is possible to receive the following licenses:

• provision of cryptocurrency services (cryptocurrency wallet and exchange of cryptocurrency to fiat and vice versa and also exchange of one cryptocurrency to another);
• operation as a financial institution, currency exchange.

You can get more detailed information about applying for cryptolicenses on our website or by contacting our specialists.