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Bank of Lithuania Issues Guidelines on Security Token Offerings
26.10.2019
Recognizing that businesses are seeking alternative ways to raise capital other than bank lending, the Bank of Lithuania has issued new guidelines on security token offerings. The goal is to clarify applicable rules without introducing more regulations. Also read: Mario Draghi Leaves European...
Bank of Lithuania Received 'Dozens' of Inquires About STOs
25.10.2019
The Bank of Lithuania (BoL) sees an increased interest in security token offerings (STOs) and estimates that this new form of raising capital will become more popular. The bank issued the Guidelines on STO earlier this week and is reaching the final stage in creation of its blockchain-based...
Lithuania’s Central Bank Opts Leading Entities IBM and Tieto For LBChain Development
24.10.2019
Serving as Lithuania’s Central Bank, the Bank of Lithuania has picked up IBM Poland and Teito Lithuania to work for the final stage development of its blockchain network, LBChain. The two entities will be working separately on their individual models and the bank will announce the winner after...
Lithuania’s Central Bank Considering IBM for Its LBChain DLT Platform
23.10.2019
IBM and Tieto are fighting for the right to develop a financial services blockchain platform for Lithuania’s central bank
Buying Bitcoin on the Street Is Getting Easier
23.9.2019
Access to cryptocurrency, still a relatively new invention, requires some technological knowledge and computer literacy. In order to become more mainstream, however, Bitcoin will have to become more “main street” so to speak. Some crypto evangelists are finding ways to simplify...
Lithuania: Narvesen Stores and Lithuanian Press Kiosks to Sell BTC
17.9.2019
Lithuanian convenience stores Narvesen and Lithuanian Press kiosks to sell Bitcoin
Harmony to Scale Samsung Wallet-Supported Blockchain Health Data App
12.9.2019
Blockchain network Harmony will be scaling a Samsung crypto wallet-listed health rewarding app, following a new partnership
Lithuania to Regulate Cryptocurrency Exchange Sector With Obligatory ID Checks
14.6.2019
The informal exchange of cryptocurrency over €1,000 is set to come to an end in Lithuania