Lithuania

Lithuanian Central Bank Tests Blockchain Sandbox for Non-Financial Sector
May 29, 2020 at 13:11
News
Lithuanian Central Bank Tests Blockchain Sandbox for Non-Financial Sector
The Bank of Lithuania (BoL) is working on the development of a blockchain platform to support the non-financial sector. As per the report by Europe World News, the BoL unveiled that it has successfully completed the blockchain-powered sandbox ‘LBChain’ initiative.
One of the Largest Convenience Store Chains in Lithuania to Sell Bitcoin
Sep 21, 2019 at 09:25
News
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.
Lithuania Presents Guidelines on Cryptocurrency and Initial Coin Offerings
Jun 14, 2018 at 11:22
News
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).
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
Apr 20, 2018 at 11:35
News
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.
Lithuania Plans to Allow Activity of Virtual Limited Liability Companies
Apr 19, 2018 at 13:46
News
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.
Video Digest, April 4: Kazakhstan to Ban BTC Tradings, United Colors of Benetton Accepting BTC, ETH, DASH, STEEM
Apr 04, 2018 at 15:05
News
Video Digest, April 4: Kazakhstan to Ban BTC Tradings, United Colors of Benetton Accepting BTC, ETH, DASH, STEEM
Coin Idol TV News channel digest on April 4 features the following topics from the world of Blockchain and crypto currency: Kazakhstan plans to ban Bitcoin tradings, fashion store in Lithuania to accept Cryptocurrencies
United Colors of Benetton Starts to Accept Cryptocurrency in Lithuania
Apr 03, 2018 at 16:39
News
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.
Lithuania to Issue a New Digital Collector’s Cryptocurrency Coin
Mar 08, 2018 at 14:58
News
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.
The Tax Authority of Lithuania Closes Bitcoin ATMs in Shopping Mall
Feb 09, 2018 at 13:48
News
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.
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