Estonia Approves First Bitcoin, Crypto Bank Striga – Bitcoin Magazine

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

Striga, a bitcoin and cryptocurrency bank, became the first virtual asset service provider (VASP) to gain regulatory approval in Estonia following the country’s revamping of its digital asset legal framework, per an announcement from the Financial Intelligence Unit.

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