2024-4-3 15:48 |
Lithuania tightens its crypto regulation with new licensing by 2025, aiming to reduce fraud and enhance market reputation.
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Vilnius, Lithuania, December 1st, 2023, Chainwire ProBit Global, a Top 20 cryptocurrency exchange, celebrates its 5th birthday this month after growing from humble beginnings to become a major player in the crypto space.
2023-12-1 05:10 | |
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Luxembourg-based Propchain, a trailblazer in real estate asset tokenization, has experienced an impressive 150% surge in value since a recent endorsement by renowned Crypto YouTuber Crypto Rover. Propchain operates from Luxembourg and extends its reach through subsidiaries in Lithuania and Dubai, strategically facilitating its operations.
2023-12-1 19:30 | |
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Crypto exchange OPNX secured a virtual asset license for EU operations. The exchange will have to adhere to high compliance and security standards. OPNX plans to acquire additional licenses for broader service offerings throughout the EU.
2023-11-8 19:55 | |
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Kyle Davies’ and Su Zhu’s OPNX exchange acquired a Lithuania virtual asset license to offer spot trading in the EU.
2023-11-8 17:00 | |
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Crypto exchanges in Estonia and Latvia reportedly helped Russians circumvent sanctions and convert rubles into other currencies
2023-10-5 14:44 | |
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Bitget has registered as a virtual asset service provider in Poland. The crypto exchange had registered in Lithuania as well in April. Bitget ended the first quarter with a 146% increase in BGB holders.
2023-5-24 19:55 | |
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Coinspeaker Crypto Exchange Bitget Secures License to Operate in Poland Bitget secured regulatory licenses as a virtual asset service provider in Poland and Lithuania, witnessing significant growth and positioning itself among the Top 4 centralized crypto exchanges.
2023-5-24 16:32 | |
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Seychelles-based cryptocurrency exchange BitGet secures green light to operate in Lithuania.
2023-4-20 13:00 | |
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To speed up its international compliance operations, HyperBC Group has acquired a Lithuanian licence with the number 305790868. The business now has a licence that will allow it to offer regulatory-compliant crypto custody asset solutions.
2022-9-13 21:10 | |
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Amid the geopolitical tensions, institutions within the European Union have been expediting processes to regulate cryptocurrencies. This is “in consideration of the increasing number of the crypto asset and service providers across Europe, global financial challenges, increased money laundering activities, and possible financing of terrorism associated with virtual currencies”, according to the Lithuanian government. Against this […]
2022-6-12 22:27 | |
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Lithuania is taking cryptocurrency regulation seriously. The institutions of the European Union are urged to expedite the process of regulating cryptocurrencies in consideration of the growing number of crypto-asset service providers in Europe, current global challenges, and the increased risk of money laundering and terrorism financing associated with virtual currencies. In an effort to combat money […]
2022-6-10 13:31 | |
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Lithuanias Finance Ministry has banned anonymous wallets and imposed strict regulations on crypto exchanges in an attempt to combat money-laundering, terrorist financing, and sanctions evasion. The ministry stated it had...
2022-6-10 23:29 | |
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Cake DeFi, a dynamically growing DeFi platform based in Singapore, was issued a cryptocurrency license by the Registrar of Legal Entities of Lithuania, Invezz learned from a press release. The license entitles the platform to provide and manage crypto wallets and conduct services for exchanging crypto in the European country.
2022-6-10 18:00 | |
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The country decided to act in advance of upcoming EU regulations that could effectively ban noncustodial wallets.
2022-6-10 14:33 | |
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Ministers don’t want a crypto disaster to happen while they’re waiting for Brussels lawmakers to dot the i’s on landmark MiCA legislation, but some warn their plans could wreck the sector.
2022-6-6 10:00 | |
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ONUS – A digital asset investment platform with more than 2 million users announces that they have officially received a license to operate as a...
2022-6-4 19:50 | |
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BTCC Exchange, a crypto futures platform, has recently received a cryptocurrency licence from the Registrar of Legal Entities of Lithuania, enabling the exchange to provide crypto trading services in The post BTCC receives license to operate as a regulated crypto exchange in Europe appeared first on AMBCrypto.
2022-5-14 13:00 | |
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Coinweb, a layer-2 cross-computation platform, today announced that it has received its digital asset exchange license in Lithuania, allowing the company to operate not only within the country but with all other European countries, barring conflicting regulations.
2022-4-7 22:07 | |
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While crypto exchange Binance continues to face crackdowns from several different countries, it’s looking likely that stock tokens may be behind this. Hong Kong And Lithuania Become The Latest To Crackdown On Binance On Friday, Hong Kong’s market regulator, the Securities and Futures Commission (SFC), warned the crypto exchange in a press release. The commission […]
2021-7-18 22:00 | |
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Binance’s regulatory troubles continue with Lithuania being the latest country to issue a warning about the cryptocurrency exchange. Lithuania’s announcement came one day after Italy issued a similar warning.
2021-7-16 16:00 | |
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State agencies continue to auction off confiscated cryptocurrencies obtained from sundry law enforcement actions against criminal organizations. Lithuania STI Raises $7. 6M from Crypto Sales In an official announcement issued on Nov.
2020-11-24 21:52 | |
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Lithuania?s central bank has finally released its digital currency LBCOIN, becoming the first bank in the world to issue its own crypto
2020-7-23 10:58 | |
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Lithuania’s central bank suggested that banks should face the perceived risks of digital currencies and join the digital asset space to preserve control
2019-12-11 15:20 | |
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This year has seen the beginnings of a global race to launch central bank crypto-assets (CBDCs). No country has managed it yet but China is emerging as the clear favorite. This has spurred the forward-thinking banks of the world into action, and Lithuania is the latest to join the cryptocurrency party.
2019-12-11 10:00 | |
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In an effort to further establish itself as an emerging fintech and crypto hub Lithuania will be issuing the world’s first collectible crypto coins. The commemorative issue coin is dedicated to the 1918 Act of Independence and will feature its 20 signatories.
2019-12-10 09:59 | |
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Coinspeaker Is Lithuania’s New Crypto Regulation Modelled Around South Korea?The Baltic country of Lithuania is gearing up to implement a new cryptocurrency regulation in order to take much better control over its grey area crypto market.
2019-6-22 07:44 | |
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Despite increasing regulation in the cryptocurrency sector, Australia’s major banks maintain cautious policies when it comes to cryptocurrencies. While cryptocurrency businesses appear to challenge Australian banks’ appetite for risk, many institutions permit cryptocurrencies to be purchased using credit cards.
2019-4-14 11:05 | |
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Lithuania, one of the Baltic tigers that has in past few years demonstrated it doesn’t shy away from new technologies and the digital economy, is preparing to introduce stricter rules for crypto companies.
2019-4-13 18:35 | |
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Misertango, an online service that offers a fast and cheap payment platform for its customers, is very welcoming of the cryptocurrency sector as it accepts exchange firms, ICO endeavors and even individuals from the industry.
2019-4-8 19:14 | |
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Malta-based cryptocurrency exchange Zebpay now supports Lightning payments. The exchange announced the news via a blog post, where it claims to be the "first major exchange" to enable Lightning payments for its users.
2019-3-29 20:13 | |
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Lithuanian Cryptocurrency Exchange Drops Their KYC Protocols And Includes Deposits Via Credit Card The 5-year-old cryptocurrency exchange Kaiserex, just recently released new features and updates to their existing system.
2019-3-19 21:25 | |
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Digital asset exchange Exmo, a leading crypto trading platform in Eastern Europe, has recently registered a subsidiary in Turkey. The company is setting up an office in Istanbul, the financial capital of the country situated on the Bosphorus.
2019-2-21 20:02 | |
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The central bank of Lithuania has updated its position on cryptocurrencies and tokens issued through initial coin offerings. The regulator has revised the definition of these assets specifying the conditions under which financial institutions can operate with digital money and accept crypto payments.
2019-2-21 01:30 | |
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Major crypto wallet provider Blockchain.com opens new office in Europe, plans to hire a team
2019-2-21 15:31 | |
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Cryptocurrency exchange Zebpay is opening new offices in five European countries, increasing its presence on the continent to 43 countries. Launched in 2015 in India, Zebpay grew into one of the country’s largest cryptocurrency exchanges before shuttering its operation in September 2018, due to the crypto ban in the country.
2019-2-1 00:24 | |
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On December 20, a crypto exchange Coinbase announced it became available in Andorra, Gibraltar, Guernsey, Iceland, Isle of Man, and Lithuania. New customers in these markets will be able to make full use of Coinbase.
2018-12-22 13:16 | |
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Coinbase, the largest exchange based in the United States and one of the most important crypto players in the financial world, has announced, via a blog post, that six new markets are to be opened in Europe.
2018-12-21 07:18 | |
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Lithuania is exploring new ways to learn about cryptocurrencies and see how the controversial yet revolutionary financial concept can fit into its economy. In the wake of this situation, the Financial Crime Investigation Service (FNTT) prepared a report detailing the threats and potential benefits of the crypto industry to the local economy, especially in the context […] Lithuanian Government Explores the Threats and Opportunities With Cryptos was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-10-9 13:49 | |
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This week in crypto: The Winklevii add some stability, the SEC brings down the hammer, and Lithuania makes a "run" on crypto. Read about all this and more. The post This Week in Cryptocurrency: September 14, 2018 appeared first on CoinCentral.
2018-9-14 18:03 | |
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A new survey has found that 88 percent of crypto exchanges want regulation, while a third believe a market crash is a significant threat to the industry. The study, conducted by Mistertango, a crypto payment app that is regulated by the Bank of Lithuania, is based on responses from 24 cryptocurrency exchanges across Europe, Asia, […] The post Survey: 88% of Crypto Exchanges Want Regulation for the Industry to Mature appeared first on Coinjournal.
2018-8-1 00:14 | |
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On July 20 reports circulated that a partnership between electronics giant Samsung and Lithuanian crypto payment and blockchain startup CopPay was in the works. The deal was set to make it possible for Samsung customers in three Baltic states — Estonia, Latvia, and Lithuania — to pay for in-store purchases with cryptocurrencies.
2018-7-24 14:00 | |
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Samsung is reportedly accepting cryptocurrency payments in several Baltic States using crypto payment platform CopPay. The Lithuania-based company made the announcement today. Customers in Tallinn, Riga, Vilnius, and Kaunas in the countries of Estonia, Latvia, and Lithuania will be able to purchase Samsung smartphones, tablets, laptops, TV sets, and more with cryptocurrency.
2018-7-20 14:30 | |
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One of Europe’s largest airlines, Lufthansa AG will reward blockchain developers participating in an event partnership with Unibright, the “Hackathon without a single line of code” at the Pillar Unconference 2018.
2018-7-16 09:00 | |
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While most countries are trying different ways to entice cryptocurrency investors/traders and projects to within their borders, Lithuania is facing a totally different kind of problem. In fact, concerns are now being raised that the nation’s vibrant crypto industry might attract a deluge of funds that they should rather not touch – illegal money from […] Lithuania Forges Ahead With Its Crypto Goals Despite Potential Threats was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-6-27 16:48 | |
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Lithuania’s Ministry of Finance has published comprehensive guidelines for cryptocurrency and initial coin offerings, covering four areas including regulations, accounting, and taxation. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Ministry of Finance’s Guidelines The Ministry of Finance of the Republic of Lithuania has published guidelines for cryptocurrency and initial coin offerings (ICOs).
2018-6-12 09:14 | |
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Lithuania’s Ministry of Finance has published comprehensive guidelines for cryptocurrency and initial coin offerings, covering four areas including regulations, accounting, and taxation. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Ministry of Finance’s Guidelines The Ministry of Finance of the Republic of Lithuania has published guidelines for cryptocurrency and initial coin offerings (ICOs).
2018-6-12 09:10 | |
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Over 135 traditional financial institutions are providing crypto banking support as blockchain assets have recently experienced rapid adoption and mainstream press.
The European Securities and Markets Authority (ESMA) has moved to the final phase of establishing a regulated environment for crypto assets in the EU with the publication of its latest report on the Markets in Crypto Assets (MiCA) regulation. The…
Estonia, a nation long known for its embrace of digital innovation, is revamping its cryptocurrency regulations to create a more robust and transparent market. The Estonian government recently approved a bill that will significantly increase oversight of cryptocurrency service providers, bringing them under the stricter purview of the Financial Supervision Authority (FSA). This shift marks […]
In Europe and the U.S., there are a host of initiatives placing new requirements on participants in digital asset markets to report on transactions and meet other new provisions.
As the European Union attempts to instill confidence among crypto investors through regulatory provisions, recent developments indicate that these protections might take longer to materialize than anticipated.
According to the Oct. 17 report, MiCA regulations governing crypto-asset services will not take effect until December 2024.