Crypto exchange Payeer faces $10m fine for flouting EU sanctions on Russia

Rony Roy

Latvia’s Financial Crime Investigation Service (FNTT) has imposed a record $10 million fine on the crypto payment service provider Payeer for breaching European Union sanctions on Russia. According to an official statement from the FNTT, Payeer facilitated access to its…

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Crypto exchange Payeer faces $10m fine for flouting EU sanctions on Russia