Latest Lithuania News

Business 29 November 2020

Lithuania tax authority sells seized digital currency for $7.5M

Noting that the transaction took around a day to complete, the State Tax Inspectorate said that it would now be easier in future to exchange cryptocurrency seizures for fiat currency.

Business 5 July 2020

Lithuania to launch a CBDC, but there’s a catch

Lithuania has revealed it will launch its CBDC in the coming week. However, the digital currency is a bit different and will not target retail payments.

Business 31 May 2020

Bank of Lithuania plans wider role for blockchain platform

The central bank is also looking at how firms in the energy, transport and healthcare sectors could be set to benefit from blockchain.

Business 17 June 2019

Lithuania set to implement new rules for cryptocurrency transactions

New regulations coming to Lithuania will make it harder for criminals to continue trading in cryptocurrencies.

Business 9 April 2019

Crypto companies find support in Lithuania

Lithuania is quickly turning into one of the more cryptocurrency-friendly nations in the world.

Business 21 February 2019

The Bank of Lithuania updates its position in digital assets and ICOs

The Central Bank of Lithuania recently announced its updated position on digital assets and initial coin offerings, with the aim of leveling the playing field.

Business 12 June 2018

Lithuania publishes new guidelines for ICOs

Lithuania has rolled out new guidelines for initial coin offerings (ICO) and digital tokens as they relate to securities.

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