Estonian Parliament registered a new bill aimed to make it obligatory for Estonian banks to open bank account upon the request of any person – resident of Estonia, or any company registered in Estonia. If this bill is decided, banks will lose their right to deny opening or close accounts without providing any reasoning for Read More
As we have informed before – some sufficient legislative changes were introduced on the crypto-currency market. It was written and described a lot about what kind of changes they were and how they will impact market players. We will talk about the actual meaning of these changes, and what options there are for companies with Read More
In the context of the corona virus and the resulting economic crisis, Estonia initiates the national program to support its business sector. The objective of the program is to partially compensate employees for their wages decrease. The subsidy can be claimed by any Estonian company regardless of its size and activity field.
The Estonian Parliament has passed amendments to the Money Laundering and Terrorist Financing Prevention Act. The changes relate to the issuance of licenses for activities in the field of crypto-currencies: a new definition, the list of documents has been expanded, new requirements have been introduced, the size of the state fee has been increased.