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Lithuania’s Fintech Haven to Cull Crypto Firms Under New Licensing Rules
3.4.2024
Lithuania intends to implement a rigorous licensing process for crypto companies currently operating within its jurisdiction. This initiative, scheduled to commence next year, is expected to result in the removal of many digital asset companies.
The post Lithuania’s Fintech Haven to Cull...
Lithuania-Licensed Crypto Bank Meld to Offer Tokenized RWAs to Retail Investors
20.3.2024
Meld, which is in partnership with the layer-1 blockchain of the same name, signed an initial agreement with DeFi platform Swarm Markets, which started a real-world asset platform in December
Bit.Store Unveils Comprehensive B2B Offerings, Empowering Crypto Projects with Custom Solutions
19.1.2024
PRESS RELEASE. [VILNIUS, Lithuania, Jan. 19, 2024] BitStore is making significant strides in the cryptocurrency card sector, offering a suite of services that blend traditional financial ease with the cutting-edge world of digital currencies tailor made for projects or brands. Our card services...
Proactive Reforms: Lithuania Intends to Refine Crypto Landscape Ahead of MiCA Rollout
11.1.2024
In order to manage the emerging risks before the entry into application of the European Markets in Crypto Assets Regulation (MiCA), Lithuania intends to reinforce its national cryptocurrency regulation. We discussed the key points and consequences with legal experts from Gofaizen & Sherle...
Bit.Store Leads with a First: BRC20 Token Integration for Crypto Card Recharges
10.1.2024
PRESS RELEASE. Lithuania, 10th Jan 2024: In a groundbreaking move, Bit.Store has become the first crypto card service to integrate BRC20 tokens (Bitcoin Originals) for card recharges. This pioneering step demonstrates Bit.Store’s commitment to innovation in the cryptocurrency space, offering...
OPNX gets EU spot crypto trading license in Lithuania
8.11.2023
Kyle Davies’ and Su Zhu’s OPNX exchange acquired a Lithuania virtual asset license to offer spot trading in the EU
Wirex may suffer card outage in EEA due to UAB PayrNet licensing issue
23.6.2023
Wirex cards may stop working in the European Economic Area but funds held in the account are safe, the company said
Cryptopay EU card provider loses license, company says card funds are safe
22.6.2023
The EU Cryptopay cards may stop working soon as the Bank of Lithuania has revoked the EMI license of the app’s provider, UAB PayrNet
Today in Crypto: SG-FORGE Reveals the EUR CoinVertible Stablecoin, Three Silvergate FTX-related Lawsuits Combined, Voyager Strikes Deal with US Government to Sell Assets to Binance.US
20.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: SG-FORGE Reveals the EUR CoinVertible Stablecoin, Three Silvergate FTX-related Lawsuits Combined, Voyager...
Crypto exchange BitGet seals Lithuanian crypto registration
20.4.2023
Seychelles-based cryptocurrency exchange BitGet secures green light to operate in Lithuania
The Netherlands tops new survey as the most metaverse-ready country
14.12.2022
A new study by Uswitch revealed which countries are ready to embrace the metaverse by more technical standards, such as fixed broadband speeds and prices
Gofaizen and Sherle Introduce Full-Cycle Online Accounting In Lithuania
9.11.2022
PRESS RELEASE. Gofaizen & Sherle is a legal and business consulting firm specializing in digital asset-based businesses, financial institutions and investment funds. Having been founded in September 2021, the company has successfully gained a portfolio of hundreds of different projects...
The state of crypto in Northern Europe: Hostile Scandinavia and vibrant Baltics
30.10.2022
The Nordics remain a cold place for crypto, but Estonia still leads as the public blockchain adopter
Gofaizen & Sherle to Help Businesses Scale the New Lithuanian Cryptocurrency Regulations
7.10.2022
PRESS RELEASE. In light of the strengthened supervision of the cryptocurrency sector by Lithuania, Gofaizen & Sherle, an international legal and management consulting firm based in Europe, has taken the initiative to assist businesses in navigating these new regulations. According...
Lithuanian Government Approves Stricter Crypto Regulations
11.6.2022
The government in Vilnius has approved amendments introducing more stringent regulations for the country’s growing crypto space. The legislation is aimed at managing risks associated with crypto assets and preventing Russian attempts to circumvent Western sanctions imposed over the war...
Lithuania aims to tighten crypto regulation and ban anonymous accounts
9.6.2022
The country decided to act in advance of upcoming EU regulations that could effectively ban non-custodial wallets
Antsy Lithuania Latest to Anticipate EU Crypto Law With One of Its Own
6.6.2022
Ministers don’t want a crypto disaster to happen while they’re waiting for Brussels lawmakers to dot the i’s on landmark MiCA legislation, but some warn their plans could wreck the sector
USD 4.5B Crypto Fund, Less Difficult Bitcoin Mining, OTC NFT, Ethereum's Merge + More News
25.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: USD 4.5B Crypto Fund, Less Difficult Bitcoin Mining, OTC NFT, Ethereum's Merge + More News
Ukraine Crypto Donations: Government Now Accepts Over 70 Crypto Assets
6.3.2022
Crypto payment processor Coingate and International Business Settlement (IBS) have started an arrangement with the National Bank of Ukraine (NBU) that enables well-wishers to send donations to Ukraine via more than 70 different crypto assets. Calls for Widening List of Accepted Crypto Donations...
Binance US CEO Steps Down as the Crypto Exchange Faces Rising Regulatory Scrutiny
7.8.2021
Former acting Comptroller of the Currency Brian Brooks has resigned as the CEO of Binance U.S. after just over three months. He cited “differences over strategic direction.” Meanwhile, Binance is facing regulatory scrutiny worldwide, including in the U.K., Malaysia, Japan, Cayman...