We've voluntarily withdrawn our Estonian license, effective 12am UTC, 27 May.
26 May 2023, 12:00
We’ve voluntarily withdrawn our Estonian license, effective 12am UTC, 27 May. Over the past year, we’ve worked on securing new licenses in multiple jurisdictions - including another European country - ahead of the introduction of MiCA.
There will be no impact on the services provided by Yield App, nor do you need to take any action to continue using the platform. Our team is diligently working to finalize the new licenses in the coming weeks, and we’ll keep you updated as this is completed.
We’ve always approached regulation proactively. Pursuing licenses in new jurisdictions who share our mindset to crypto reinforces our commitment to a secure and compliant platform. Your patience and support are appreciated as we navigate this important step for our customers.