Materials by tag Lithuania

Sep 21, 2019 at 09:25
One of the Largest Convenience Store Chains in Lithuania to Sell Bitcoin
One of the largest convenience store chains, Narvesen, and Lietuvos spauda kiosks have begun trading Bitcoin vouchers in Lithuania. These coupons can be easily exchanged by customers to Bitcoin on the Internet without ID verification.
Jun 14, 2018 at 11:22
Lithuania Presents Guidelines on Cryptocurrency and Initial Coin Offerings
The Ministry of Finance of the Republic of Lithuania has announced on Wednesday, June 6, brand-new guidelines regulating the country’s crypto market. They consist of four main parts, namely regulation, taxation, accounting, and Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT).
Apr 20, 2018 at 11:35
Video Digest, April 20: NASA Initiates Blockchain Research, Kraken to Quit the Japanese Cryptocurrency Market, Lithuania to Allow Virtual Limited Liability Companies, Christine Lagarde Supported Cryptocurrency
Coin Idol TV News channel broadcasting a new video digest on April 20. Today in our digest: NASA initiates Ethereum blockchain technology research for space communications and navigation, Kraken set to quit the Japanese cryptocurrency market, Lithuania plans to allow the activity of virtual limited liability companies, IMF Chief Christine Lagarde has supported the implementation of cryptocurrency.
Apr 19, 2018 at 13:46
Lithuania Plans to Allow Activity of Virtual Limited Liability Companies
Virtual Limited Liability Companies (VLLCs) working on blockchain technology will be launched in Lithuania. The country considers the possibility of allowing entities from different parts of the world to register and operate their fintech companies there. A draft has been already processed by the Lithuanian Centre of Registers.
Apr 03, 2018 at 16:39
United Colors of Benetton Starts to Accept Cryptocurrency in Lithuania
Lithuania is confidently keeping pace with the newest trends in the global financial market. United Colors of Benetton implemented in their Lithuanian franchise a new payment option, which includes digital currencies such as bitcoin, ethereum, dash, steem, and many others, as a recently released video showed.
Mar 08, 2018 at 14:58
Lithuania to Issue a New Digital Collector’s Cryptocurrency Coin
The bank of Lithuania announced on Tuesday its determination to release a new cryptocurrency in order to celebrate the hundredth anniversary of the country. For developing a crypto coin, the blockchain technology or other similar software programs will be used.
Feb 09, 2018 at 13:48
The Tax Authority of Lithuania Closes Bitcoin ATMs in Shopping Mall
Two Bitcoin ATMs had been working in Lithuanian shopping center GO9, but the State Tax Inspectorate of Lithuania (Valstybinė mokesčių inspekcija - VMI)  asked the owner company to shut them down. The authorities explained that the ATM can’t work on the financial market until they have appropriate certifications.
Aug 09, 2017 at 16:30
Basketball Fans in Lithuania Can Buy Tickets Using Cryptocurrency
Fans of the Lithuanian professional basketball club "Lietuvos Rytas" can now buy tickets to their favorite club’s games using NEM's cryptocurrency XEM.