Cryptocurrency
Estonia Cryptocurrency License — Overview of the Top Cryptolicense

Anyone interested in entrepreneurship and cryptocurrencies already knows the one country that is always named when talking about crypto-businesses: Estonia.
The North-European country, whose population and size are comparable to the State of Maine, has successfully made the crypto world pin it on their map.
The Estonia cryptocurrency license was early. It was the first one to be white-labelled. It was the first one to get enough feedback to evolve, after 3 years of running the framework. Estonia hosts hundreds of cryptocurrency companies and is considered the benchmark.
Back in 2017, your company could get an e-wallet license or a cryptocurrency trading license in Estonia, or both. In 2020, the innovating Estonian regulators blended the two into a single blockchain license. Estonia wanted a stronger framework after money laundering scandals in a domestic bank. Following up on the FATF recommendation, the updated framework put an emphasis on AML-KYC.
Is the Estonian cryptocurrency license still interesting in 2022?
With the emergence of new licenses and the openness to crypto-related businesses in many countries at once, is the Estonian license still a good opportunity?
We are observing a division on the “market” of regulations. As new ventures pop up from all over the world, with very different business models, increasingly touching on the matters of DeFi and NFTs, the regulatory side is not one-sided anymore as well.
The Estonian framework was designed to monitor and legitimize the purchase and sale of cryptocurrencies, as well as thecustody. It is therefore best suited for centralized exchange, but can fit other kinds of services as well. The white-label nature of the framework brings a considerable benefit: as it is straightforward and replicable, the licensing fee and the operation-related costs are relatively low. Whatever your business model, Estonia most likely will show up as one of the best three options for registering your crypto company.
How does one get the cryptolicense in Estonia, without ever going to Estonia?
As long as you cooperate and agree to set a substance in Estonia, you will never be required to visit the country. Estonia, before even becoming renowned as a crypto-friendly place, has set most of its services online. For a business-owner, this means doing tax, editing the company and signing official documents from your computer, wherever in the world.
But you noted it: you have to set some substance in the country. This means, concretely speaking, that to get the cryptocurrency license for your Estonian company, you need to rent or own a physical space in the country. A local director should be appointed, which is the opportunity for the remote entrepreneur to have a brain and a pair of hands onsite. Finally, as per the FATF recommendations, any crypto company in Estonia has to appoint an AML officer, whose job is to ensure compliance of KYC processes and to report suspicious transactions.
This requirement for substance is a bit of additional work and comes with the cost of rent and employment. These added measures in 2020 have barred the road to the least wealthy crypto entrepreneurs, who are now looking into other places for establishment.
What is the process to get the Estonian cryptocurrency license?
The license is only granted to companies registered in Estonia, so this is square number one. With the IT infrastructure described above, it is possible to register a company in Estonia from anywhere in the world, given you can provide documents proving your identity.
Once the company is set, it’s about time to set the substance that we talked about in the previous part of this article: premises and local workers.
Substance is also about financial subsistence, and the Estonian law requires you to deposit EUR 12,000 in a bank account located in the European Union. The upside is that this money can be used for business once the license has been granted. It’s not locked in.
Afterwards, an application for license has to be completed and sent to the Estonian Financial Intelligence Unit. Having a clear and striking business plan is often helpful in getting your project green-lighted effectively. Be prepared to demonstrate your AML-KYC procedures and policies as well, it can make or break the success of the licensing process.
Saving time, energy and possibly money on the licensing process — a few tips
The best thing you can do is to acknowledge the requirements and to be prepared. You will be interrogated about the people involved so prepare notarized passports and a resume of all your team. You will need to set the substance in Estonia and to demonstrate your ability in applying the AML and KYC rules.
Experience shows that the whole process is much simpler and free of mistakes when conducted with the assistance of a licensed corporate service provider, such as LegalBison and it’s 100% success rate in setting cryptocurrency licensedcompanies in Estonia.
Cryptocurrency
BlackRock’s ETH ETF Could Soon Offer Staking—SEC Filing Moves Forward

The US Securities and Exchange Commission has acknowledged BlackRock’s filing about allowing investors in its flagship Ethereum ETF to stake their assets.
Although this development doesn’t guarantee an official approval of the filing, it’s still a big step in the right direction.
NEW: U.S. SEC ACKNOWLEDGES BLACKROCK’S FILING TO ALLOW STAKING IN ITS SPOT $ETH ETF
— The Wolf Of All Streets (@scottmelker) July 29, 2025
The “acknowledged” part means that the securities watchdog has confirmed that it has received certain amendments made by the ETF issuer. Typically, the SEC also opens a public comment period, allowing stakeholders to weigh in on the matter.
BlackRock and Nasdaq submitted a 19b-4 rule change proposal that aims to allow investors using the iShares Ethereum Trust (ETHA) to stake ETH with staking rewards treated as income to the fund.
ETHA is by far the largest Ethereum ETF, and it became the third-fastest to reach a $10 billion AUM milestone within less than a year after its launch.
It continues to attract substantial net inflows. The last day in the red was on July 2, with $46.9 million leaving the fund. Since then, it has been on a massive roll, attracting nearly $4 billion in net inflows in less than a month.
The underlying asset’s price has benefited substantially from these enormous inflows, having surged by over 50% in the past month alone. Moreover, ETH is up by more than 150% since its bottom in early April and is close to knocking on the $4,000 door now.
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Cryptocurrency
Ripple Price Reversal Incoming as Investors Pull XRP Off Exchanges?

TL;DR
- XRP whales move over 80M tokens off exchanges, signaling long-term holding behavior.
- $845M in single-day losses follows co-founder’s $140M sell-off amid price pressure.
- RSI cools from an overbought zone, indicating that XRP may be stabilizing after the recent price drop.
Exchange Supply Drops Sharply
Between July 23 and July 26, the amount of XRP held on centralized exchanges dropped from around 4.45 billion to just over 4.25 billion, based on Glassnode data. This change suggests large holders may be moving their funds into cold storage rather than keeping them liquid.
According to Captain Redbeard, the shift shows users are not preparing to sell. Instead, they appear to be withdrawing assets, possibly to hold through current market conditions.
Glassnode data showed a clear decline in $XRP held on exchanges, suggesting that holders are moving assets into private wallets rather than preparing to sell pic.twitter.com/9osNr7w1M7
— Captain Redbeard ♂️ (@Brett_Crypto_X) July 29, 2025
XRP was priced at $3.15 at press time, down 3% in the past 24 hours and nearly 9% over the last week. The asset has slipped steadily since reaching a new all-time high at $3.65 on July 18. Despite this, wallet outflows have continued. The behavior suggests many holders are not rushing to exit positions.
Analyst Ali Martinez said that losing the $3.15 level could open the door to a test of $3. He added that such a move “could present a solid buy-the-dip opportunity.” That level now acts as the nearest key support zone.
Selling Spikes After Insider Move
On-chain data shows roughly $845 million in realized losses over the past day, one of the most significant single-day sell-offs this month. This followed reports that a Ripple co-founder sold $140 million worth of XRP. The move added pressure to an already declining market.
While some investors are taking profits, trading volume remains strong at $6.2 billion. XRP continues to trade well below its all-time high, and recent activity shows a cautious mood.
Momentum Builds Underneath
The BBTrend value now sits at 27.66, pointing to a shift in short-term momentum. The recent expansion in green bars indicates renewed buying interest.
Meanwhile, the Relative Strength Index (RSI) has declined to 59 against the recent peak of 72. This shift indicates that the asset is no longer overbought, and it could now stabilize.
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Cryptocurrency
Dormant XRP Wallets Spring to Life – What Does This Mean for Ripple’s Price?

After hitting an all-time high of $3.65 in mid-July, XRP has entered a phase of consolidation. The token is gradually retracing to hover around the $3.15 mark. Despite multiple attempts to break higher, XRP has faced resistance near $3.3.
This price action reflects a cooling-off period following the sharp rally from early July, when it surged from around $2.2. Interestingly, older XRP wallets are on the move again, which could impact the asset’s future price trajectory.
Old Coins Return to Circulation
XRP is still up by almost 46% over the past month while holding slightly shaky at the $3.15 support level. According to Santiment’s latest data, one important on-chain signal is the reactivation of dormant coins, which suggests renewed investor interest and participation from long-term holders.
The average age of XRP investments has dropped by 91 days and is now standing at 593 days. This means that a wave of older wallets is moving assets back into circulation. Historically, such behavior has often preceded or accompanied bullish price action, lending further weight to the current market momentum.
However, crypto analyst Ali Martinez warned that if XRP fails to hold the crucial $3.15 support level, the crypto asset could retrace to the $3 mark. While this potential dip may concern short-term traders, Martinez said it could offer a compelling buy-the-dip opportunity for investors anticipating a rebound, especially given XRP’s strong performance and recent on-chain activity.
While traders eye short-term price action, major players are taking a longer-term view – especially through large-scale XRP allocations.
XRP Gains Institutional Traction
In what appears to be a growing corporate confidence in XRP as a strategic asset, Hyperscale Data has officially launched its $10 million XRP treasury program. The company plans to provide weekly updates starting August 12, in a bid to boost transparency and investor trust.
With a possible 36-month lockup under consideration, Hyperscale’s move indicates a long-term commitment rather than short-term speculation. The latest development comes on the heels of Nature’s Miracle’s $20 million XRP plan.
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