Bingbon Officially Obtains MTR Cryptocurrency Trading License Issued by the EU
In the technology era, blockchain technology is rapidly gaining momentum and trust from the community. In the projects where blockchain is the underlying technology, Bitcoin has a very high reputation, bringing prosperity to the projects implementing digital and virtual currencies. Subsequently, compliance operation is particularly important for the projects.
The MTR license of the Ministry of Economic Affairs and Communication of Estonia obtained by Bingbon is a double license of digital currency and digital wallet. This license covers a wide range of services and has highly authoritative stature in the Blockchain community.
Estonia
Estonia is officially the Republic of Estonia.
The World Bank ranks Estonia as a high-income country. Because of its fast-growing economy, Estonia is known as the Baltic Tiger. A tiny country, with a population of 1.3 million gave birth to four unicorn companies valued at more than $1 Billion, which are Skype, Playtech, TransferWise and Taxify.
On January 1st, 2011, Estonia officially joined the EU and became the 17th country in the EU. It is also worth mentioning that the digital citizenship project was launched in 2007. To blockchain supporters and enthusiasts, Estonia is one of the most attractive countries.
Regulator
Communication with and access to regulators has great value for blockchain projects. In Estonia, communication and interaction with financial regulators is much easier than, for example, the US or Singapore. The financial regulator and the financial intelligence community have always provided the required legal information and have mostly been willing to help on issues within their jurisdiction. The most important factor is that a majority of officers can speak English and Russian.
Legislation
At present, Estonia issues a cryptocurrency trading license. Cryptocurrency operations are subject to licensing by other payment instruments (Since August 12th, 2017, it is designated as a virtual value).
Bingbon MTR License Address: https://mtr.mkm.ee/juriidiline_isik/263186?backurl=%2Fjuriidiline_isik
MTR Official Enquiry: https://mtr.mkm.ee/
Bingbon Registration Number: 14789250
Thank you for your support and trust in Bingbon. We will provide a safe, fair and comfortable trading ecosystem for all investors!
Bingbon Operation Team
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