Bitcoin.com
2020-06-13 17:10:06

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. Madis Reimand, […]The post Estonia Revokes 500 Crypto Firms’ Licenses After $220 Billion Money Laundering Scandal appeared first on Bitcoin News.

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