Bitzlato

"FinCEN finds that reasonable grounds exist for concluding that Bitzlato, a P2P CVC exchanger with significant operations in Russia, is a financial institution of primary money laundering concern in connection with Russian illicit finance"; "a study performed by a blockchain analysis company expressly identifies Bitzlato as having a presence in Moscow City (the financial district of Moscow, Russia) during the period between 2019 and 2021"

"This order: (1) sets forth FinCEN's determination that Bitzlato Limited (Bitzlato), a virtual asset service provider (VASP) incorporated in the Hong Kong Special Administrative Region of the People's Republic of China (Hong Kong), is a financial institution operating outside of the United States that is of primary money laundering concern in connection with Russian illicit finance"; "Bitzlato is identified as “registered under the laws of Hong Kong” and “located at Unit 617, 6/F, 131-132 Connaught Road West, Solo workshops, Hong Kong.”"; "The order defines Bitzlato, a CVC exchanger registered in Hong Kong and previously known as ChangeBot, to mean all subsidiaries, branches, and offices of Bitzlato operating in any jurisdiction, as well as any successor entity"