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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/estonia-enhances-security-in-the-cryptocurrency-industry/" data-wpel-link="internal">Estonia Enhances Security in the Cryptocurrency Industry</a><br></p>
<p style="text-align: justify">Estonia continues to take significant steps to enhance the security of the <strong>cryptocurrency</strong> industry. The Estonian government has implemented new laws to better supervise and control the cryptocurrency sector. These laws, adopted on March 20th, are the result of efforts to make the country’s crypto market safer and more trustworthy.</p> 
<h2 style="text-align: justify" id="has-estonia-changed-its-stance-on-the-cryptocurrency-space">Has Estonia Changed Its Stance on the Cryptocurrency Space?</h2> 
<p style="text-align: justify">Once a hub of intense interest for crypto companies, Estonia has recently faced strict regulations by the Financial Intelligence Unit (FIU). As a result of these regulations, the number of crypto companies in the country has dropped to around 50.</p> 
<p style="text-align: justify">The head of the Financial Intelligence Unit (FIU), Matis Maeker, stated that the new laws aim to secure customer assets by bringing crypto companies under financial regulations.</p> 
<h2 style="text-align: justify" id="stricter-controls-coming-from-2026">Stricter Controls Coming from 2026</h2> 
<p style="text-align: justify">Starting from 2026, the Financial Supervisory Authority (FSA) will more rigorously inspect and regulate crypto services. The new laws introduce stricter rules for business and reporting processes, while the penalties for violations have been significantly increased. These fines can now reach up to 5 million Euros, up from the previous limit of 40,000 Euros.</p> 
<p style="text-align: justify">Moreover, from 2025, crypto service providers will need to obtain a new regulatory license from the <strong>FSA</strong>. This means an even tighter licensing process, with the goal of preventing investor losses caused by cyber thefts and company failures.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-331723 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/estonya-coin-turk-com-.jpg" alt="" width="1201" height="681"></p> 
<p style="text-align: justify">Estonia’s steps reflect its determination to minimize risks in the <strong>cryptocurrency</strong> industry and ensure investor safety. The country continues to encourage innovation for the creation of a secure and stable cryptocurrency industry, while also aiming to protect investors. This effort represents an important step in Estonia’s pursuit to maintain leadership in the cryptocurrency space and to set an example internationally.</p> 
<p style="text-align: justify">Estonia’s move can be seen as a reflection of the increasing legal regulations in the cryptocurrency field worldwide. In this context, the country seems to have drawn a framework for itself based on other global examples. Similar to the United States, customer protection appears to be the primary goal in Estonia as well.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/estonia-enhances-security-in-the-cryptocurrency-industry/" data-wpel-link="internal">Estonia Enhances Security in the Cryptocurrency Industry</a></h5>

Estonia Enhances Security in the Cryptocurrency Industry

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