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The firm's banking and finance team led by partner Marko Kairjak advised Cryptus in obtaining virtual currency handling authorisations from Estonian Financial Intelligence Unit to provide services of exchanging a virtual currency against a fiat currency as well as virtual currency wallet services.
The authorisations acquired have been a crucial step in launching a new line of innovative services based on novel technological solutions, including distributed ledger technology.
Cryptus is a fintech firm affiliated to a large banking sector IT vendor, with several payment institutions making part of their corporate group. http://cryptus.io
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