Connectee news

Connectee's License Renewal in Estonia

Estonia's recent anti-money laundering (AML) regulatory changes have drastically reduced the number of licensed cryptocurrency service providers. As of May 1, 2023, only 100 licensed cryptocurrency firms remain, an 80% drop from the 489 companies in March 2022. Notably, Connectee OU renewed its license in August 2023, reaffirming its commitment to compliance.

Estonia's stricter AML regulations align with global efforts to combat illicit finance. Despite these challenges, Connectee OU continues to offer cryptocurrency services, positioning itself as a reliable and compliant choice for customers. Our license renewal underscores its dedication to high compliance standards in the cryptocurrency industry, ensuring a secure experience for all clients.