European banks engaged in huge crypto-fiat deals

European banks engaged in huge crypto-fiat deals

In a Lithuanian investigation report covering the large-scale crypto-to-fiat transactions, the European banks such as Danske Bank, Swedbank, and others earned a mention. The Financial Crime Investigation Service (FCIS) has revealed that 500 private individuals and 100 corporate companies processed such transactions from 2017. The crypto-related operations generated €661 million in two-years.

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