News with the tag "estonia"

The U.S. Department of Justice (DOJ) says that two Estonian nationals pleaded guilty to operating a massive cryptocurrency Ponzi scheme that defrauded hundreds of thousands of victims from across the globe, including the United States. In a statement, the DOJ says that Sergei Potapenko and Ivan Turõ...

Two Estonian nationals, Sergei Potapenko and Ivan Turõgin, pleaded guilty to operating a $577 million cryptocurrency Ponzi scheme through their fraudulent mining service, Hashflare. The scheme, running from 2015 to 2019, deceived hundreds of thousands worldwide, including U.S. investors, by selling ...

Estonia is serving as an example of how smaller nations can use technology to punch above their weight and enhance their economic and political standing.

San Francisco sues 16 websites over AI 'nudification' of women and girls.

The FNTT announced a two-part fine imposed on Payeer for violating international sanctions (€8.23M) and anti-money laundering laws (€1.06M). According to the Lithuanian agency, investigations that started in 2023 revealed that Payeer allowed transactions in Rubles through Russian banks sanctioned by...

The Estonia government has given its approval to a bill aimed at regulating crypto service providers. However, the bill still needs to pass a parliamentary vote before becoming law. Under The post Estonia Government Approves Bill To Regulate Crypto Service Providers appeared first on BitcoinWorld .

Estonia is shaking things up in the crypto industry big time. The small Baltic nation, known for its digital savvy and e-residency perks, is rolling up its sleeves to get serious about crypto regulation. After sailing through the government, a groundbreaking bill is now waiting in the wings, ready t...

The government of Estonia has greenlit a bill aimed at regulating cryptocurrency service providers in the region. The post Estonia to Regulate Crypto Service Providers via New Bill appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .

The Estonian government has approved a bill aimed at overseeing cryptocurrency service providers. This legislation aligns with the nation’s financial oversight with the European Union’s Markets in Crypto-Assets (MiCA) regulations. The bill, however, awaits a parliamentary vote to become law. New Sup...

Discover Estonia's groundbreaking plan to invest €85M in advancing AI technology across public and private sectors.