CoinsPaid Sees Potential In Estonian Market, Ready To Drive Innovation In Startup Ecosystem

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May 23, 2023, 05:00 ET

TALLINN, Estonia, May 23, 2023 /PRNewswire/ -- CoinsPaid, an international crypto payment ecosystem that offers solutions for integrating cryptocurrencies into business and daily life, continues to develop and places emphasis on the potential of Estonia and its thriving stage for financial and tech companies.

CoinsPaid sought to deepen its presence in the country by opening new headquarters in Tallinn in April 2023. The company considers this a big step in its long-term development and is actively hiring financial and blockchain specialists to boost its team in the region.

CoinsPaid also held a conference “MiCA entering into force” on April 13 inviting experts from European institutions, Estonian institutions, and international key players. Speakers discussed the main goals of the new European regulation and how it will be implemented at national levels.

Furthermore, CoinsPaid has already begun partnering with local businesses, enabling them to use crypto payments in their services. One such example is Latitude59, the major startup and tech conference which will be held in Tallinn on Thursday 25th and Friday 26th that collaborated with CoinsPaid to enable its attendees to purchase tickets via cryptocurrency.

"The Baltic region's potential for crypto adoption is significant due to its tech-savvy population and openness to new technologies. With Estonia leading the way in regulation and infrastructure development, other European countries will likely follow, furthering the growth in this industry. At CoinsPaid we see great potential in the Estonian market and are excited about partnering with local businesses to help drive innovation in this ecosystem," — states Max Krupyshev, CEO of CoinsPaid.

About CoinsPaid

CoinsPaid is a crypto payment ecosystem that enables businesses to accept cryptocurrencies as payment. Aside from a crypto payment gateway, the ecosystem includes a business wallet, OTC desk, SaaS solution, and CoinsPaid Media. CoinsPaid counts over 200 employees from 15 countries and successfully operates in Europe and Latin America.

SOURCE CoinsPaid