Lithuania News

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.

The Bank of Lithuania said that central banks’ “parental controls” are obsolete when it comes to crypto assets.

The Bank of Lithuania announced that it will release its first digital, blockchain-based collector coin in the spring of next year.

Bank of Lithuania has selected IBM and IT services firm Tieto as the finalists for its blockchain platform dubbed LBChain.

Consumers will be able to buy Bitcoin coupons at Lithuanian convenience stores Narvesen and Lithuanian Press kiosks.

Harmony teamed up with a Lithuanian blockchain-powered health app firm to enable fast and secure health data sharing.

The Baltic nation’s finance ministry will prepare new rules in line with EU directives on anti-money laundering.

The Ministry of Finance of the Republic of Lithuania wants to adopt legal amendments for operating crypto-related services.

The Bank of Lithuania has updated its position on cryptocurrencies and ICOs, but left its underlying principles unchanged.

Major crypto wallet provider Blockchain.com opens its fifth office, announces building up a team in Lithuania.

Lithuanian regulators are focusing on ICOs and cryptocurrency trading in new investigations and potential policy reforms.

Lithuania’s government continues to get to grips with ICOs and securities in new legislative commentary.

Representatives from several central banks in Europe and one in Canada spoke at Money20/20 today about why fiat is not particularly threatened by crypto.