The Bank of Lithuania has terminated the electronic money institution (EMI) license of UAB Payrnet. The bank said the license was revoked due to “serious, systematic and multiple violations of legal act. The company allegedly violated the Law on Electronic Money and Electronic Money Institutions,… Read More
Koine, an institutional custody and settlement service for both fiat and digital assets, has appointed Hugh Hughes as Chairman and CEO. Hughes was previously CEO of Societe Generale Securities in London. Prior to that, Hughes built stockbroking businesses in London, according to a release from the firm…. Read More
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