Lithuania's Cryptocurrency Surge Raises Concerns for Regulators Amid Money Laundering Fears
Lithuania finds itself at the forefront of cryptocurrency expansion within the EU, boasting one of the largest counts of crypto companies. However, this surge has prompted regulators to sound the alarm, citing concerns about potential misuse for money laundering and criminal endeavors, as reported by Latvian public electronic media.
Estonia's law enforcement, in collaboration with the US Federal Bureau of Investigation, arrested two individuals involved in a half-billion-euro cryptocurrency scheme in October 2022....