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New AML Legislation Won't Forbid Individuals to Hold Crypto, Says Estonia’s Ministry of Finance
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The Estonian Ministry of Finance has denied the crypto/blockchain industry insiders concerns related to the new legislation draft - stating that regulations will not be applied to retail investors but to businesses, and that there will be no ban on people owning crypto.
In late December, Estonia’s government approved a draft legislative proposal that amends the country’s Money Laundering and Terrorist Financing Prevention Act, introducing new regulations to cover virtual asset service providers
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