News with the tag "lithuania"

Robinhood users in Europe can now deposit and withdraw crypto using external wallets and exchanges like Binance.

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 Lithuanian Financial Crime Investigation Service (FNTT) has fined the crypto firm Payeer nearly 9.3 million euros ($10 million) for international sanctions violations and anti-money laundering (AML) breaches. Specifically, Payeer was fined 8.23 million euros for facilitating transactions in Russ...

Payeer was fined approximately $10 million after it allegedly allowed transfers to sanctioned banks.

Lithuania has imposed a €9.3 million ($10.07 million) fine against local cryptocurrency firm Payeer over sanctions violations, Reuters reported on Wednesday. Specifically, Lithuania’s financial crimes watchdog, the Financial Crimes Investigation Service (FNTT), penalized the regulated crypto company...

Lithuania is set to sharply reduce the number of crypto firms in the country as it tightens regulations and issues licenses next year. In a Bloomberg interview on Apr. 2, Simonas Krėpšta, a board member at the Bank of Lithuania,…

Meld, which is in partnership with the layer-1 blockchain of the same name, signed an initial agreement with DeFi platform Swarm Markets, which started a real-world asset platform in December.

In a Nov. 8 post released on X, Open Exchange (OPNX) shares the announcement of their latest regulatory milestone in Europe.

Lithuania’s FNTT has released a new list of AML violators. Crypto firms Bitgron and Hodleris, among others, have been named.

Wirex cards may stop working in the European Economic Area but funds held in the account are safe, the company said.