Providing Our Clients With Expert Advice And Industry Best Practices
Call US TODAY
503-670-7772
Menu
Search

In The News

Home > Agent Oversight And Monitoring > Estonia Revokes 500 Crypto Firms’ Licenses After $220 Billion Money Laundering Scandal
Jun19 - 20

Estonia Revokes 500 Crypto Firms’ Licenses After $220 Billion Money Laundering Scandal

Estonia has canceled 500 cryptocurrency firms’ licenses, about 30% of the total, as part of a crackdown on illicit financial flows following a $220 billion money-laundering scandal involving Danske Bank.

Regulators are concerned that bitcoin exchanges and other crypto companies might be liable to using their platforms to facilitate illegal transfers, Bloomberg reported. Read the complete article HERE.

Categories

Archives

Events

January 12, 2022

An overview of current cryptocurrency legislation with leading experts from McDermott Will & Emery and Bates Group.  Join us for a discussion on the current…

February 16, 2022

FinTechs and cryptocurrencies have received credit for reinventing global financial services. These advancements have raised many questions for compliance professionals and how we operate in…

contact us

Please fill out all fields marked with* and submit the following form to
request your consultation.

Contact Us Today

Please fill out all fields marked with * and submit the following form to request your consultation.

  • This field is for validation purposes and should be left unchanged.

Call Now Button