Estonia | ForkLog

ForkLog 29 26.01.2024

Estonia to Extradite HashFlare and Polybius Bank Founders to the US

The Estonian government has decided to extradite the founders of the cloud mining service HashFlare and the digital bank Polybius Bank, Sergei Potapenko and Ivan Turygin, to the United States, reports Postimees. The entrepreneurs were detained by Tallinn police on November 20, 2022, at the request of the FBI. The US Department of Justice has […]

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ForkLog 20 07.11.2023

Estonian to create AI version of himself to recover Ethereum wallet password

Co-founder of Estonia's LHV Bank Rain Lohmus has lost the password to a wallet containing 250 000 ETH and intends to recover it with the help of artificial intelligence.

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ForkLog 17 05.10.2023

Media report Russians’ sanctions-busting via crypto firms in Estonia and Lithuania

VSquare experts analysed around 300 crypto companies registered in Estonia and Lithuania and found dozens of cases of fraud, money laundering, sanctions evasion and illicit financing of criminal organisations.

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ForkLog 6 10.05.2023

Number of registered crypto companies in Estonia falls by 80%

In Estonia, the number of registered cryptocurrency companies has fallen by almost 80%.

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ForkLog 13 22.11.2022

Founders of HashFlare and Polybius Bank Accused of Laundering $575 Million

In Tallinn, the founders of HashFlare cloud-mining service and Polybius Bank were detained. They face fraud and money-laundering charges involving $575 million.

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ForkLog 17 11.03.2022

Garantex exchange operator loses crypto-licence to operate in Europe

The legal entity of the Garantex cryptocurrency exchange relinquished its license to operate with virtual currencies after the discovery of a number of systemic violations in its activities.

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ForkLog 5 03.01.2022

Estonian Finance Ministry Rules Out Ban on Cryptocurrency Trading

A bill to regulate virtual asset service providers (VASP) more effectively, approved by the Government of Estonia on December 23, does not ban ownership and trading of cryptocurrencies. The Finance Ministry said.

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ForkLog 9 15.10.2021

Estonian regulator denies plans for automatic revocation of cryptocurrency licences

The Estonian Money Laundering Data Bureau (RAB), in a ForkLog commentary, said that it is not considering automatic revocation of previously issued licenses to operate cryptocurrency companies.

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ForkLog 11 13.10.2021

Head of Estonian regulator proposes revoking previously issued cryptocurrency licenses

The new head of the Estonian Financial Intelligence Unit (RAB), Matis Mäecker, proposed revoking all licenses previously issued for cryptocurrency trading.

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ForkLog 6 16.09.2021

Estonia’s prime minister does not back Bitcoin legalisation in the country

Several major players in the crypto industry, including Coinbase, urged the Estonian government to legalise cryptocurrencies, but Prime Minister Kaja Kallas has not yet backed the idea. She said so in an interview with City A.M.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 12 18.07.2021

XRP Ledger Foundation opens Tallinn office

The XRP Ledger Foundation, a nonprofit organisation developing Ripple's distributed ledger ecosystem, announced the opening of an office in Tallinn, the capital of Estonia.

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ForkLog 6 05.02.2021

Estonia tightens rules for the crypto industry

The Estonian Ministry of Finance proposed changing the requirements for cryptocurrency service providers.

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