Lithuania Fines Revolut €3.5m For AML Failings
The Bank of Lithuania has fined Revolut €3.5m after a scheduled inspection uncovered breaches of …
Malta Fines Crypto Platform €2.7m Over 'Serious' AML Failures
Malta’s Financial Intelligence Analysis Unit has fined a subsidiary of crypto giant OKX €2.7m for …
PSR Targets Mastercard And Visa with Proposed Remedies To Tackle High Fees
The Payment Systems Regulator (PSR) has unveiled a set of new remedies in response to …
Lithuania's Payments Sector Continues To Boom, But Big Players Dominate
A new circular from the Bank of Lithuania shows that the country’s payments and e-money …
BaFin Takes First MiCA Enforcement Action
Germany’s financial supervisory authority (BaFin) has taken its first enforcement action under the EU’s Markets …
'Notorious' Crypto Mixer Tornado Cash No Longer Sanctioned By US Government
In line with a court order issued last November, the US Treasury has removed its …
Week In Crypto: Ripple Welcomes ‘Long Overdue’ Victory Over US SEC
Ripple Labs has become the latest crypto defendant to benefit from a Trump-era U-turn on …
New York Bill Aims To Cover For Weakened CFPB
With the Consumer Financial Protection Bureau (CFPB) still out of action under President Trump, lawmakers …
Passed Its Use By Date Or A Strong Advocate Lost? Payments Industry Split On PSR Shutdown
The payments industry is divided on what the future holds now that the UK government …