Crypto license in Estonia

In the past, obtaining a cryptocurrency licence in Estonia was a fast and accessible process. The ease of registration and the ability to operate globally attracted many crypto companies. However, as the industry expanded, regulatory attention increased due to rising financial crime risks and the need for stronger oversight.

In 2025, Estonia introduced an enhanced regulatory framework for crypto service providers. These updates include stricter Anti-Money Laundering (AML) obligations, requirements for local presence, higher minimum share capital, and advanced internal control standards—all aimed at fostering a transparent and sustainable crypto market.

Like every other European Union country, Estonia now operates under the unified rules set by the MiCA regulation and is supervised in line with ESMA guidelines. This provides regulatory predictability, legal clarity, and recognition across the European market.

Today, obtaining a crypto licence in Estonia is no more difficult than in countries like Czechia or Lithuania, while Estonia offers a more mature digital infrastructure and streamlined procedures for working with regulators.

In this legal environment, launching a crypto company requires professional guidance and full understanding of the licensing process. The Adam Smith team offers comprehensive support—from company formation to licensing and ongoing compliance at every stage of your business.

As of 2025, Estonia—like every other EU member state—is fully subject to the unified requirements of the Markets in Crypto-Assets (MiCA) regulation and the oversight of ESMA. This ensures that crypto business operations in Estonia are governed by clear, harmonized rules consistent across the entire European Union.

Importantly, the implementation of stricter regulatory standards is not a barrier but a strategic advantage. Today, cryptocurrency activity in Estonia is regulated just as rigorously as traditional financial services, earning the trust of clients, banks, and payment institutions.

Cryptocurrencies in Estonia are effectively treated as alternative means of payment. Companies operating in compliance with the law gain recognized status both domestically and across the EU. Unlike in unregulated jurisdictions—where businesses may be suddenly shut down due to suspicion of money laundering or other violations—Estonia offers stability, legal clarity, and full alignment with EU law.

Despite the tighter regulatory environment, Estonia remains one of the most attractive jurisdictions for launching a crypto business, thanks to its digital infrastructure, transparent licensing procedures, and strong international reputation.