๐ฑ๐น ๐ฅ๐ฒ๐๐ผ๐น๐๐ ๐๐ถ๐ป๐ฒ๐ฑ โฌ๐ฏ.๐ฑ๐ ๐ถ๐ป ๐๐ถ๐๐ต๐๐ฎ๐ป๐ถ๐ฎ ๐ผ๐๐ฒ๐ฟ ๐ ๐ผ๐ป๐ฒ๐ ๐๐ฎ๐๐ป๐ฑ๐ฒ๐ฟ๐ถ๐ป๐ด ๐๐ผ๐ป๐๐ฟ๐ผ๐น ๐๐ฎ๐ถ๐น๐๐ฟ๐ฒ๐
โค โฌ3.5M Penalty Hits Crypto-Friendly Revolut
โณ Lithuanian regulators slapped a โฌ3.5 million fine on Revolut โ the biggest regulatory penalty in the country to date.
โณ The reason? โViolations and defectsโ in money laundering prevention processes.
โค Expansion Despite Setback
โณ Revolut, valued at $45 billion, is still eyeing a U.S. IPO.
โณ Meanwhile, its crypto trading platform Revolut X has expanded from the UK to 30 European markets.
Is stricter regulation a sign of crypto maturity โ or just more hurdles for innovation?