Quote from: vlight on October 26, 2019, 08:12:01 PM

Looks like the central bank of Lithuania has suspended Mtango activity, citing AML. Or in other words we don't like the competition so we will shut you down by using regulation laws.

Too bad, Mtango is one of the best services to convert crypto to fiat and vice versa.

This is why people need Bitcoin and crypto, so we can have control of our hard earned money and not be at mercy of the corrupt.

Long Bitcoin and crypto, short the bankers.

And here is article with more details:
https://agenparl.eu/mistertango-uab-fined-e245-thousand-for-non-compliance-with-aml-requirements/
245k fine is big for Mistertango, considering that they ended last year with a loss. In past it was good service, but I haven't used it since their debit card stopped working.
Speaking about this case, I'm not sure that's an attempt to remove competitor or Mistertango just made mistakes and were fined for it.