Lithuania News

The OCCRP reports Bankera’s founders channeled around half of the $114 million the firm raised in its 2018 ICO to a Vanuatu bank to buy real estate in France and Lithuania.

Payeer was fined approximately $10 million after it allegedly allowed transfers to sanctioned banks.

Wirex cards may stop working in the European Economic Area, but funds held in the account are safe, the company said.

The EU Cryptopay cards may stop working soon as the Bank of Lithuania has revoked the EMI license of the app’s provider, UAB PayrNet.

Seychelles-based cryptocurrency exchange BitGet secures green light to operate in Lithuania.

A new study by Uswitch revealed which countries are ready to embrace the metaverse by more technical standards, such as fixed broadband speeds and prices.

The Nordics remain a cold place for crypto, but Estonia still leads as the public blockchain adopter.

The country decided to act in advance of upcoming EU regulations that could effectively ban noncustodial wallets.

Governments are increasingly liquidating crypto assets seized in criminal investigations.

The Lithuanian State Tax Inspectorate exchanged Bitcoin, Ether and Monero for 6.4 million euro.

A major crypto company is offering outs to its employees as the situation in Belarus grows more tense.

Lithuania’s central bank has issued a NEM blockchain-based collector token in homage to the country’s Act of Independence of 1918.

Lithuania might become one of the first countries to issue a CBDC — but there’s a catch.

The Bank of Lithuania finished its research phase on the LBChain’s blockchain project that aims to provide a regulatory infrastructure.

The Bank of Lithuania has revealed ambitious long-term plans to develop its blockchain platform for use beyond the financial services sector.