Thursday, April 18, 2024
Home > Lithuania

OPNX gets EU spot crypto trading license in Lithuania

Crypto exchange OPNX has obtained a virtual asset service provider license (VASP) in Lithuania, allowing it to provide spot crypto exchange services throughout the European Union, according to a Nov. 8 announcement seen by Cointelegraph.OPNX trading interface. Source: OPNXThe announcement stated that this license would require the exchange to “adhere

Read More

Crypto exchanges in Estonia and Lithuania allegedly helped Russians circumvent sanctions

Crypto exchanges in Estonia and Latvia reportedly helped Russians circumvent sanctions and convert rubles into other currencies.  The investigation was conducted by Delfi (Estonia), Siena.lt (Lithuania), Frontstory.pl (Poland), Paper Trail Media, Der Spiegel and ZDF (Germany), Der Standard (Austria) and other European media. Journalists analyzed about 300 cryptocurrency companies registered in Estonia and found

Read More

Lithuania aims to tighten crypto regulation and ban anonymous accounts

In its efforts to fight money laundering risks and the possible schemes of Russian elites circumventing financial sanctions, the 2.8-million nation of Lithuania is planning to tighten its scrutiny over crypto. As the local Ministry of Finance announced on Wednesday, June 8, various ministries of the Lithuanian government approved legal amendments

Read More

Bank of Lithuania Envisions Future Cross-Industry Blockchain Platform

The Bank of Lithuania (BoL) has revealed ambitious long-term plans to develop its blockchain platform for use beyond the financial services sector.On May 26, the central bank’s blockchain-based sandbox, LBChain project, completed its third and final stage. In a wrap-up meeting this morning, BoL’s blockchain project manager Andrius Adamonis said that

Read More