Lithuania

Lithuania Makes Millions in First Sale of Seized Cryptocurrency

The sale of bitcoin, ether and monero brought in €6.4 million, or $7.5 million.

Policy & regulation  ·  24 November 2020

Lithuanian Central Bank’s Commemorative Digital Token Goes Live Thursday

Lithuania’s central bank is set to issue 24,000 digital tokens commemorating the re-establishment of Lithuanian independence in 1918.

News  ·  22 July 2020
Lithuania

Lithuania Is Trialing a CBDC No One Can Use – And That’s by Design

The Bank of Lithuania's LBCoin digital collectible may be a gimmick, but its ambitions for blockchain tech are very, very real.

Policy & regulation  ·  8 June 2020
Europe

Lithuania Issues Guidelines for When ICO Tokens Are Securities

Lithuania's Ministry of Finance has published guidance on ICOs, outlining how different aspects of token offerings should be regulated.

Policy & regulation  ·  11 June 2018
Europe

Lithuanian Central Bank Seeks Developers for Blockchain Sandbox

The Bank of Lithuania has called for developer proposals to kick off its service-based blockchain platform called LBChain.

Policy & regulation  ·  16 March 2018
Europe

Lithuanian Banking Group Warns Over Crypto Investments

A self-governing banking association in Lithuania just issued a warning to residents regarding the risks of investing in cryptocurrencies.

Policy & regulation  ·  28 February 2018
Europe

Lithuania’s Central Bank Probes 100 Million Euro ICO

Lithuania's central bank has said it is probing Bankera's initial coin offering after determining that the token offered counts as a security.

Policy & regulation  ·  19 February 2018
Regulation

Lithuania’s Central Bank Unveils Blockchain Startup Sandbox

The central bank of Lithuania has launched a new regulatory "sandbox" for startups working with blockchain.

Policy & regulation  ·  15 January 2018
Europe

Baltic Nations Agree to Support DLT Development

Three Baltic governments have struck an accord that includes a commitment to support the development of technologies like blockchain.

Business  ·  13 November 2017
Regulation

Lithuania’s Central Bank Publishes New ICO Guidance

Lithuania's central bank has published a new position note on the legality of cryptocurrencies and initial coin offerings (ICOs).

Policy & regulation  ·  11 October 2017
Exchanges

Bitmarket.lt Takes Bitcoin’s Fight Against Big Banks to Court

Lithuania-based startup Bitmarket.lt talks about its ongoing court battle with Swedbank.

Markets  ·  18 September 2014
Europe

Despite Russian Trade Ties, Lithuania Looks to Europe for Bitcoin Regulation Lead

Lithuania is monitoring global bitcoin regulation, but suggests Europe's moves may have biggest impact.

Policy & regulation  ·  10 February 2014