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Lithuania’s Ministry of Finance has proposed a mandatory player card system that would track every player’s deposits and winnings across all online and land-based operators, with a full transition to cashless gambling set for Jan. 1, 2029. The proposed system goes beyond all existing European structures and is already a subject of industry pushback. Key … Read more
Robinhood users in Europe can now deposit and withdraw crypto using external wallets and exchanges like Binance. Go to Source
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 Russian rubles through its platform, involving sanctioned Russian banks and clients. Additionally, a 1.06 million euro … Read more
Payeer was fined approximately $10 million after it allegedly allowed transfers to sanctioned banks. Go to Source
Wirex cards may stop working in the European Economic Area but funds held in the account are safe, the company said. Go to Source Powered by WPeMatico
Seychelles-based cryptocurrency exchange BitGet secures green light to operate in Lithuania. Go to Source Powered by WPeMatico
A new study by Uswitch revealed which countries are ready to embrace the metaverse by more technical standards, such as fixed broadband speeds and prices. Go to Source Powered by WPeMatico
The Nordics remain a cold place for crypto, but Estonia still leads as the public blockchain adopter. Go to Source Powered by WPeMatico
The government in Vilnius has approved amendments introducing more stringent regulations for the country’s growing crypto space. The legislation is aimed at managing risks associated with crypto assets and preventing Russian attempts to circumvent Western sanctions imposed over the war in Ukraine. Lithuanian Authorities to Tighten Rules for Crypto Industry Lithuania is preparing to revise … Read more
The country decided to act in advance of upcoming EU regulations that could effectively ban non-custodial wallets Go to Source Powered by WPeMatico