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“# Estonian regulator wants to revoke all crypto exchange licenses ” Financial regulators in the Baltic country of Estonia want to revoke all crypto exchange licenses in an effort to start the entire regulatory regime anew. Matis Mäeker, head of the Estonian Financial Intelligence Unit (FIU), has urged the state to “turn the regulation to…
“# Estonian IT company inks $26M crypto mining deal with Bitmain ” Estonian technology conglomerate Burfa is turning to Bitmain to supply key cryptocurrency mining infrastructure to its Narva-based data center, offering a glimpse into the arms race underway for high-performance computing resources. The $26 million agreement will allow Burfa to double its data-center capacity…
“#Estonian capital closes road so breeding frogs and toads can cross” A busy road in the Estonian capital Tallinn has been closed for April nights to keep thousands of frogs and toads traveling to their breeding grounds safe from cars. Volunteers usually help carry frogs and toads over roads in the spring and say they…
“# Estonia’s crypto honeymoon at an end as stricter regulations loom ” Estonia’s finance ministry is reportedly looking to enact stricter crypto licensing regulations. This comes after the authorities revoked the licenses of about two-thirds of the cryptocurrency businesses operating in the country back in 2020. According to ERR News, the Estonian Ministry of Finance…
“# Two thirds of Estonian crypto businesses lose their licenses ” One of the countries lauded as being among the most crypto friendly in the European Union revoked the licenses of more than 1,000 crypto firms in 2020. According to news outlet Postimees, Estonia’s Financial Intelligence Unit, or FIU, has revoked the licenses of roughly…
“# 800K BitBay users face 2nd unscheduled outage this year ” Estonia-based cryptocurrency exchange BitBay went offline for almost two hours on Monday without explanation. According to a tweet posted by BitBay on Oct. 12, the exchange went down at approximately 4:28 PM (UTC) today before resuming trading at 6:10 PM. BitBay posted an update…