Tuesday, May 17, 2022
  • Home
  • News
    Vicky White news update: Recordings of jailhouse phone calls prove guard’s relationship with Casey White

    Vicky White news update: Recordings of jailhouse phone calls prove guard’s relationship with Casey White

    McDonald’s is Selling Its Russia Business After 32 Years

    McDonald’s is Selling Its Russia Business After 32 Years

    Total Lunar Eclipse and Blood Moon 2022: How to Watch

    Total Lunar Eclipse and Blood Moon 2022: How to Watch

    Chaos in the Loop: Lightfoot bans unaccompanied minors from Millennium Park on weekend evenings after teen killed near The Bean

    Chaos in the Loop: Lightfoot bans unaccompanied minors from Millennium Park on weekend evenings after teen killed near The Bean

    Authorities say the suspected Buffalo supermarket shooter traveled from hours away. Here’s what we know

    Authorities say the suspected Buffalo supermarket shooter traveled from hours away. Here’s what we know

    Jermell Charlo vs. Brian Castano 2 fight results, highlights: Charlo becomes undisputed champ with vicious KO

    Jermell Charlo vs. Brian Castano 2 fight results, highlights: Charlo becomes undisputed champ with vicious KO

    Ukraine-Russia War: Live Updates – The New York Times

    Ukraine-Russia War: Live Updates – The New York Times

    Ukraine Launches Counteroffensive to Disrupt Russian Supply Lines

    Ukraine Launches Counteroffensive to Disrupt Russian Supply Lines

    Shooting toward end of Boston Celtics-Milwaukee Bucks Game 6 sends fans at packed Deer District fleeing through streets

    Shooting toward end of Boston Celtics-Milwaukee Bucks Game 6 sends fans at packed Deer District fleeing through streets

  • Business
    • MAKE MONEY ONLINE
  • Celebrity

    BIZZLINE: A STUDIO FOR PHOTOGRAPHERS SET TO OPEN

    THE DAY I LEARNED TO STOP HATING LAPTOP DJS

    HOW MALE MODELS GET SUPER RICH IN A FEMALE-DOMINATED INDUSTRY

    WHAT IS LIKE TO WORK AS A SUPER MODEL

    HOW TAYLOR SWIFT HELPED ME LOSE 425 LBS

    LIFETIME UNVEILS FIRST LOOK OF FULLHOUSE MOVIE

  • Fashion
    • All
    • Y2K Outfits

    Meme Fashion is the Next Big Trend According to Instagram Creators — What Is Meme Fashion?

    Doja Cat’s Schiaparelli Couture Deserves Its Own Award

    Doja Cat’s Schiaparelli Couture Deserves Its Own Award

    Is fashion sliding backwards when it comes to size inclusivity?

    Is fashion sliding backwards when it comes to size inclusivity?

    Post-Recession Internet and Tumblr Aesthetics • The Greylock Glass

    Post-Recession Internet and Tumblr Aesthetics • The Greylock Glass

    22 Best Halterneck Dresses for Summer

    22 Best Halterneck Dresses for Summer

    These Dope Outfits Look Good On Everyone & Are Cheap As Hell On Amazon

    These Dope Outfits Look Good On Everyone & Are Cheap As Hell On Amazon

    The Latest Divisive ‘Y2K’ Trend? Sexy-Cozy Juicy Couture Tracksuits

    The Latest Divisive ‘Y2K’ Trend? Sexy-Cozy Juicy Couture Tracksuits

    I’m Living In These Y2K Trends All Summer Long

    I’m Living In These Y2K Trends All Summer Long

    Tiktok: “Y2K Fashion is Back” Me: – Latest Tweet by NetflixFilm

    Tiktok: “Y2K Fashion is Back” Me: – Latest Tweet by NetflixFilm

  • Design
    • All
    • Indian Living Rooms
    • Indoor Water Fountains
    • Scrunchies
    • Solar Light Craft
    • Thrift Store Crafts
    • Thrifted Home Decor
    The best silk scrunchies can help prevent split ends and breakage

    The best silk scrunchies can help prevent split ends and breakage

    Scrunchies Market 2022 to Showing Impressive Growth by | [No. of pages: 124] Industry Trends, Share, Size, Top Key Players Analysis and Forecast Research

    Scrunchies Market 2022 to Showing Impressive Growth by | [No. of pages: 124] Industry Trends, Share, Size, Top Key Players Analysis and Forecast Research

    Scrunchies Market 2022 to Showing Impressive Growth by |

    Scrunchies Market 2022 to Showing Impressive Growth by |

    This $12 Pack of Scrunchies on Amazon Can Hide Cash, Lip Balm & More

    This $12 Pack of Scrunchies on Amazon Can Hide Cash, Lip Balm & More – E! Online

    Global Hair Scrunchies Market Overview, Experiments, Evolution, Key Players And Forecast Until 2028 – ManufactureLink

    Global Hair Scrunchies Market Overview, Experiments, Evolution, Key Players And Forecast Until 2028 – ManufactureLink

    Scrunchies Market by Covid-19 Impact, Competitive Landscape, SWOT Analysis, Opportunities and Challenges, Growth by 2022-2028 – ManufactureLink

    Scrunchies Market by Covid-19 Impact, Competitive Landscape, SWOT Analysis, Opportunities and Challenges, Growth by 2022-2028 – ManufactureLink

    This $12 Pack of Scrunchies on Amazon Can Hide Cash, Lip Balm & More

    This $12 Pack of Scrunchies on Amazon Can Hide Cash, Lip Balm & More

    These $5 Hair Tie Bundles Have Customers Ditching Their Scrunchies Because They Don’t Dent Your Hair

    These $5 Hair Tie Bundles Have Customers Ditching Their Scrunchies Because They Don’t Dent Your Hair

    Strength in Mothers: The story of Sloan’s Scrunchies | News, Sports, Jobs

    Strength in Mothers: The story of Sloan’s Scrunchies | News, Sports, Jobs

  • Technology
    • All
    • Facebook
    • Headphones
    • Mobile
    • Social
    • Voip Phone Service

    Win A NEW Macbook NOW!

    Latest 7 Best Wireless Headphones For Skype

    How To Make Your Headphones Louder

    11 Best Noise Cancelling Headphones For Call Center 2018

    11 Best Noise Cancelling Headphones For Call Center 2018

    7 Best Wireless USB Headset

    7 Best Wireless USB Headset

    7 Best Wireless Headset With Noise Cancelling Microphone

    7 Best Wireless Headset With Noise Cancelling Microphone

    Latest 7 Best Wireless Headphones For Skype

    Latest 7 Best Wireless Headphones For Skype

    Top 7 Best Corded Headset For Office Phone

    Top 7 Best Corded Headset For Office Phone

    7 Best Wireless Headset For Skype For Business 2018 (updated)

    7 Best Wireless Headset For Skype For Business 2018 (updated)

  • FISHING
No Result
View All Result
  • Home
  • News
    Vicky White news update: Recordings of jailhouse phone calls prove guard’s relationship with Casey White

    Vicky White news update: Recordings of jailhouse phone calls prove guard’s relationship with Casey White

    McDonald’s is Selling Its Russia Business After 32 Years

    McDonald’s is Selling Its Russia Business After 32 Years

    Total Lunar Eclipse and Blood Moon 2022: How to Watch

    Total Lunar Eclipse and Blood Moon 2022: How to Watch

    Chaos in the Loop: Lightfoot bans unaccompanied minors from Millennium Park on weekend evenings after teen killed near The Bean

    Chaos in the Loop: Lightfoot bans unaccompanied minors from Millennium Park on weekend evenings after teen killed near The Bean

    Authorities say the suspected Buffalo supermarket shooter traveled from hours away. Here’s what we know

    Authorities say the suspected Buffalo supermarket shooter traveled from hours away. Here’s what we know

    Jermell Charlo vs. Brian Castano 2 fight results, highlights: Charlo becomes undisputed champ with vicious KO

    Jermell Charlo vs. Brian Castano 2 fight results, highlights: Charlo becomes undisputed champ with vicious KO

    Ukraine-Russia War: Live Updates – The New York Times

    Ukraine-Russia War: Live Updates – The New York Times

    Ukraine Launches Counteroffensive to Disrupt Russian Supply Lines

    Ukraine Launches Counteroffensive to Disrupt Russian Supply Lines

    Shooting toward end of Boston Celtics-Milwaukee Bucks Game 6 sends fans at packed Deer District fleeing through streets

    Shooting toward end of Boston Celtics-Milwaukee Bucks Game 6 sends fans at packed Deer District fleeing through streets

  • Business
    • MAKE MONEY ONLINE
  • Celebrity

    BIZZLINE: A STUDIO FOR PHOTOGRAPHERS SET TO OPEN

    THE DAY I LEARNED TO STOP HATING LAPTOP DJS

    HOW MALE MODELS GET SUPER RICH IN A FEMALE-DOMINATED INDUSTRY

    WHAT IS LIKE TO WORK AS A SUPER MODEL

    HOW TAYLOR SWIFT HELPED ME LOSE 425 LBS

    LIFETIME UNVEILS FIRST LOOK OF FULLHOUSE MOVIE

  • Fashion
    • All
    • Y2K Outfits

    Meme Fashion is the Next Big Trend According to Instagram Creators — What Is Meme Fashion?

    Doja Cat’s Schiaparelli Couture Deserves Its Own Award

    Doja Cat’s Schiaparelli Couture Deserves Its Own Award

    Is fashion sliding backwards when it comes to size inclusivity?

    Is fashion sliding backwards when it comes to size inclusivity?

    Post-Recession Internet and Tumblr Aesthetics • The Greylock Glass

    Post-Recession Internet and Tumblr Aesthetics • The Greylock Glass

    22 Best Halterneck Dresses for Summer

    22 Best Halterneck Dresses for Summer

    These Dope Outfits Look Good On Everyone & Are Cheap As Hell On Amazon

    These Dope Outfits Look Good On Everyone & Are Cheap As Hell On Amazon

    The Latest Divisive ‘Y2K’ Trend? Sexy-Cozy Juicy Couture Tracksuits

    The Latest Divisive ‘Y2K’ Trend? Sexy-Cozy Juicy Couture Tracksuits

    I’m Living In These Y2K Trends All Summer Long

    I’m Living In These Y2K Trends All Summer Long

    Tiktok: “Y2K Fashion is Back” Me: – Latest Tweet by NetflixFilm

    Tiktok: “Y2K Fashion is Back” Me: – Latest Tweet by NetflixFilm

  • Design
    • All
    • Indian Living Rooms
    • Indoor Water Fountains
    • Scrunchies
    • Solar Light Craft
    • Thrift Store Crafts
    • Thrifted Home Decor
    The best silk scrunchies can help prevent split ends and breakage

    The best silk scrunchies can help prevent split ends and breakage

    Scrunchies Market 2022 to Showing Impressive Growth by | [No. of pages: 124] Industry Trends, Share, Size, Top Key Players Analysis and Forecast Research

    Scrunchies Market 2022 to Showing Impressive Growth by | [No. of pages: 124] Industry Trends, Share, Size, Top Key Players Analysis and Forecast Research

    Scrunchies Market 2022 to Showing Impressive Growth by |

    Scrunchies Market 2022 to Showing Impressive Growth by |

    This $12 Pack of Scrunchies on Amazon Can Hide Cash, Lip Balm & More

    This $12 Pack of Scrunchies on Amazon Can Hide Cash, Lip Balm & More – E! Online

    Global Hair Scrunchies Market Overview, Experiments, Evolution, Key Players And Forecast Until 2028 – ManufactureLink

    Global Hair Scrunchies Market Overview, Experiments, Evolution, Key Players And Forecast Until 2028 – ManufactureLink

    Scrunchies Market by Covid-19 Impact, Competitive Landscape, SWOT Analysis, Opportunities and Challenges, Growth by 2022-2028 – ManufactureLink

    Scrunchies Market by Covid-19 Impact, Competitive Landscape, SWOT Analysis, Opportunities and Challenges, Growth by 2022-2028 – ManufactureLink

    This $12 Pack of Scrunchies on Amazon Can Hide Cash, Lip Balm & More

    This $12 Pack of Scrunchies on Amazon Can Hide Cash, Lip Balm & More

    These $5 Hair Tie Bundles Have Customers Ditching Their Scrunchies Because They Don’t Dent Your Hair

    These $5 Hair Tie Bundles Have Customers Ditching Their Scrunchies Because They Don’t Dent Your Hair

    Strength in Mothers: The story of Sloan’s Scrunchies | News, Sports, Jobs

    Strength in Mothers: The story of Sloan’s Scrunchies | News, Sports, Jobs

  • Technology
    • All
    • Facebook
    • Headphones
    • Mobile
    • Social
    • Voip Phone Service

    Win A NEW Macbook NOW!

    Latest 7 Best Wireless Headphones For Skype

    How To Make Your Headphones Louder

    11 Best Noise Cancelling Headphones For Call Center 2018

    11 Best Noise Cancelling Headphones For Call Center 2018

    7 Best Wireless USB Headset

    7 Best Wireless USB Headset

    7 Best Wireless Headset With Noise Cancelling Microphone

    7 Best Wireless Headset With Noise Cancelling Microphone

    Latest 7 Best Wireless Headphones For Skype

    Latest 7 Best Wireless Headphones For Skype

    Top 7 Best Corded Headset For Office Phone

    Top 7 Best Corded Headset For Office Phone

    7 Best Wireless Headset For Skype For Business 2018 (updated)

    7 Best Wireless Headset For Skype For Business 2018 (updated)

  • FISHING
No Result
View All Result
No Result
View All Result
Home Blog

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

Editorial Team by Editorial Team
June 13, 2020
in Blog
0
Estonia Revokes 500 Crypto Firms’ Licenses After $220 Billion Money Laundering Scandal
587
SHARES
3.3k
VIEWS
Share on FacebookShare on Twitter

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, who heads the Estonian Financial Intelligence Unit (FIU), indicated that the clampdown was a pre-emptive strike aimed at cleaning up the crypto industry. He notes that the idea is not to cripple the sector, but rather tighten regulations to prevent risks associated with money laundering.

To date, the FIU has shut down companies that failed to start operations in the Baltic state within six months of getting a license.

“This is a first step in tidying up the market, allowing us to take care of the most urgent issues by permitting operations only for companies that can be subjected to Estonian supervision and coercive measures,” Reimand said.

The moves come after Danske Bank, Denmark’s biggest lender, was accused of facilitating $223 billion of laundered money through a small Estonian branch. Europe’s biggest money-laundering scandal has left egg on the face of Estonian authorities, forcing them to turn attention to crypto firms, a sector considered high risk.

Until now, Estonia has been a haven for virtual currency companies. The north-eastern European country was among the first on the continent to liberalize crypto in 2017, licensing more than 1,400 entities in a space of three years.

But regulators have become stricter, in an effort to curtail international risks related to money laundering. The Estonian parliament recently passed a law that makes it difficult to obtain a crypto license.

According to the new regulations, permits will now be issued after three months at a cost of €3,300 ($3,715). Previously, it took 30 days to obtain the same license for €300. Cryptocurrency outfits registered in Estonia will also need to incorporate in the country or open an Estonian branch of a foreign firm.

Reimand warned that over 50% of the remaining 900 digital asset companies may lose their licenses “as they have no operations in Estonia and their managers are outside the country.”

What do you think about Estonia’s clampdown on crypto companies? Let us know in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Source link

You might also like

James Charles claps back at Ethan Klein following accusations of copying merch design

Crypto adoption has no future without regulation and law enforcement

China Gives Unproven Covid-19 Vaccines to Thousands, With Risks Unknown

Previous Post

Coronavirus Vaccine Tracker – The New York Times

Next Post

Man’s death after police shooting outside Wendy’s in Atlanta sparks investigation, protests

Editorial Team

Editorial Team

Related Posts

James Charles claps back at Ethan Klein following accusations of copying merch design
Blog

James Charles claps back at Ethan Klein following accusations of copying merch design

by Editorial Team
September 26, 2020
Crypto adoption has no future without regulation and law enforcement
Blog

Crypto adoption has no future without regulation and law enforcement

by Editorial Team
September 26, 2020
China Gives Unproven Covid-19 Vaccines to Thousands, With Risks Unknown
Blog

China Gives Unproven Covid-19 Vaccines to Thousands, With Risks Unknown

by Editorial Team
September 26, 2020
Finding bigfoot | Hatch Magazine
Blog

Finding bigfoot | Hatch Magazine

by Editorial Team
September 26, 2020
Ray Mears heads to High Wycombe
Blog

Ray Mears heads to High Wycombe

by Editorial Team
September 26, 2020
Next Post
Man’s death after police shooting outside Wendy’s in Atlanta sparks investigation, protests

Man's death after police shooting outside Wendy's in Atlanta sparks investigation, protests

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

The Beaded Phone Strap Is Dua Lipa & Gigi Hadid’s Favorite Y2K Phone Accessory

The Beaded Phone Strap Is Dua Lipa & Gigi Hadid’s Favorite Y2K Phone Accessory

July 8, 2021
Gabrielle Union Is the Latest Celebrity to Revive This Y2K Shoe Trend

Gabrielle Union Is the Latest Celebrity to Revive This Y2K Shoe Trend

November 4, 2020

Categories

  • Beauty
  • Best Auto Parts
  • Birthday Memes
  • Bitcoin Casino
  • Bitcoin Games
  • Blog
  • Breaking News
  • Business
  • Celebrity
  • Dating
  • Education
  • Facebook
  • Fashion
  • Fitness
  • Groove Funnels Review
  • Headphones
  • Health
  • Health & Beauty
  • Indian Living Rooms
  • Indoor Water Fountains
  • Inspired Living
  • Lifestyle
  • Marriage
  • Mind Management
  • Mobile
  • Mortgage
  • MOVIES
  • MUSIC
  • News
  • Nigerian Jobs
  • Relationship
  • Safety
  • Scrunchies
  • Singles & Married
  • Skin Care
  • Social
  • Solar Light Craft
  • Sport
  • Success
  • Technology
  • Thrift Store Crafts
  • Thrifted Home Decor
  • Travel
  • Trending Videos
  • VIDEO
  • Voip Phone Service
  • Y2K Outfits

Don't miss it

16 Times Janet Jackson Influenced Us Over The Years

16 Times Janet Jackson Influenced Us Over The Years

May 16, 2022
Y2K Outfits

Meme Fashion is the Next Big Trend According to Instagram Creators — What Is Meme Fashion?

May 16, 2022
Vicky White news update: Recordings of jailhouse phone calls prove guard’s relationship with Casey White
Breaking News

Vicky White news update: Recordings of jailhouse phone calls prove guard’s relationship with Casey White

May 16, 2022
Make Money Online – Crypto Coin Millionaire App

Make Money Online – Crypto Coin Millionaire App

May 16, 2022
Black Bear Wakes Up and Falls into Pond

Black Bear Wakes Up and Falls into Pond

May 16, 2022
Outdoor fans welcome the return of Michigan Bushcraft Spring Gathering | News

Outdoor fans welcome the return of Michigan Bushcraft Spring Gathering | News

May 16, 2022

99Newser

We bring you the best breaking news updates, trending news around the globe and other general topics of interest online.....

Favorite Links

  • Contact
  • Terms of Use
  • Privacy Policy
Play Games for Free and Earn Cash

Trending

16 Times Janet Jackson Influenced Us Over The Years

Meme Fashion is the Next Big Trend According to Instagram Creators — What Is Meme Fashion?

Vicky White news update: Recordings of jailhouse phone calls prove guard’s relationship with Casey White

Make Money Online – Crypto Coin Millionaire App

Recent News

16 Times Janet Jackson Influenced Us Over The Years

16 Times Janet Jackson Influenced Us Over The Years

May 16, 2022

Meme Fashion is the Next Big Trend According to Instagram Creators — What Is Meme Fashion?

May 16, 2022
  • Sitemap
  • Terms of Use
  • Privacy Policy
  • Contact

© 2020 99newser.com

No Result
View All Result
  • Home
  • News
  • Business
    • MAKE MONEY ONLINE
  • Celebrity
  • Fashion
  • Design
  • Technology
  • FISHING

© 2020 99newser.com