Breaking News! HODLtech Forced To Renounce Its Crypto License Over Money-Laundering Issues!
The FIU announced that during a supervision systematic weaknesses in the activities of Hodltech OÜ d/b/a HODLtech (www.hodltech.eu) have been exposed. Consequently, the company's crypto license would have been declared invalid after the proceedings. However, Hodltech OÜ renounced its activity license to avoid revocation via FIU. The company did not fulfill the obligation of notification about the suspicion of money laundering and terrorist financing.