Estonia Approves First Bitcoin, Crypto Bank Striga – Bitcoin Magazine

  • Striga obtains regulatory approval to operate in Estonia as a VASP.
  • The company is the first VASP to be approved under the country’s reworked legislation for VASPs.
  • The law requires KYC information, capital requirements and affiliation in Estonia.

Striga, a bitcoin and cryptocurrency banking infrastructure provider, became the first virtual asset service provider (VASP) to gain regulatory approval in Estonia following the renewal of its digital asset legal framework, according to an announcement from the Financial Intelligence Unit.

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