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Tag Archives: Lithuania

Lithuania Creates Favorable Cryptocurrency Guidelines

Lithuania, the European state, has recently unveiled comprehensive guidelines, “ICO Guidelines”, that outlines regulations for both cryptocurrencies and ICOs within the country. The report covers four topics; regulation, taxation, accounting, and Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT). The Lithuanian Minister of Finance, Vilius Šapoka did explain that the report is not exhaustive and whenever a discrepancy exists between the ...

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Lithuania Issues World’s First Digital Collector Coin in Hopes of Becoming European Blockchain Hub

The Bank of Lithuania announced today, March 6th, that it plans to issue the world’s first digital collector coin to mark this year’s centenary of the Baltic state’s independence from the Soviet Union. To design and develop the underlying blockchain technology, the Bank of Lithuania will be organizing a “hackathon,” bringing together tech companies and IT professionals from around the ...

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