INSIGHT: Why Ukraine moved against the Trustee Plus crypto wallet

By PAUL O’DONOGHUE, Senior Correspondent

CRYPTO wallet Trustee Plus built a major customer base in Ukraine before applying for crucial licences, according to a new report.

In September, the National Bank of Ukraine (NBU) September ordered Lithuanian-registered Trustee Global UAB to suspend parts of its service. It concluded that the company provided “unlicensed financial payment services” in the country.

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