Lithuania Archives

Binance Faces Regulatory Troubles in Lithuania for Offering Derivatives

July 16, 2021

Binance has received another regulator warning for its cryptocurrency exchange services, this time from the Central Bank of Lithuania. It has become one of the many regulators to flag Binance’s services. Ann...

Lithuania Central Bank Officially Issues Digital Coin LBCOIN

July 23, 2020

The Bank of Lithuania has officially issued its digital collector coin LBCOIN, making it the first digital coin issued by a central bank not only in the euro area but also across the world, the bank announced...

Lithuania to Launch its Own Central Bank-Backed Digital Token LBCOIN

July 3, 2020

The first digital coin produced by a central bank will soon be issued in the Euro Zone, according to media reports, with Lithuania set to launch its own digital token – LBCOIN. Next week the Baltic country, ...

Lithuania’s Central Bank Now Allows Crypto-Based Investment Funds

February 21, 2019

The Central Bank of Lithuania has officially updated its views on ICOs (initial coin offerings) and digital assets, according to an announcement published last week. The announcement stated that the bank’s in...

Lithuanian Blockchain Startups, ICOs Rake in €500 Million

June 26, 2018

While a fair amount of hand-wringing has been done across the European continent regarding the regulation of the cryptocurrency industry, there are a few countries who have seized the blockchain boom with opp...