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Crypto Risk as Sweeping Crackdown Looms

(Bloomberg) -- After riding the initial wave of the digital-currency revolution half a decade ago, Estonia is cracking down on the ballooning industry in a cautionary tale for would-be crypto hubs.

With a key review of its anti-money laundering enforcement policies by the Council of Europe slated for early next year, the government of the Baltic nation is weighing firmer oversight of what’s become a popular European center for digital coin trading and the accompanying infrastructure.

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