Your Estonian company needs to apply for a crypto license if:
- It offers a fiat-crypto exchange service to third parties (i.e.: clients);
- It manages crypto assets on behalf of its clients;
- It offers a wallet service;
- It offers an exchange service;
- It’s launching an ICO.
This means that if your company doesn’t offer those services to its clients, you don’t need a crypto license. For instance, you could still exchange fiat for cryptos for private purposes, such as investing the company’s money (if it sounds new to you it’s because the law recently changed). Just remember: all transactions must be justified, so make sure you have a receipt.