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Crypto exchanges in Estonia and Lithuania allegedly helped Russians circumvent sanctions

Crypto exchanges in Estonia and Latvia reportedly helped Russians circumvent sanctions and convert rubles into other currencies.  The investigation was conducted by Delfi (Estonia), Siena.lt (Lithuania), Frontstory.pl (Poland), Paper Trail Media, Der Spiegel and ZDF (Germany), Der Standard (Austria) and other European media. Journalists analyzed about 300 cryptocurrency companies registered in Estonia and found

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Estonia squeezes out 400 crypto firms after new laws

Almost 400 Virtual Asset Service Providers (VASPS) have voluntarily shut down or had their authorizations revoked in Estonia following the government’s recently enhanced Terrorist Financing Prevention and anti-money laundering laws (AML) that came into effect in March.The amended laws expanded the defined scope of VASPs, required firms to have legitimate links

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