Lithuania Penalizes Payeer Crypto Firm Over Sanctions

Lithuania Imposes €9.3 Million Fine on Payeer: A Case of Sanctions Violations and AML Breaches In a significant move highlighting the intersection of cryptocurrency regulations and international sanctions, Lithuania’s financial crimes watchdog, the Financial Crimes Investigation Service (FNTT), has imposed a hefty fine of €9.3 million ($10.07 million) on the cryptocurrency firm Payeer. The... source: https://sfctoday.com/lithuania-penalizes-payeer-crypto-firm-over-sanctions/