Bank of Lithuania Issues Guidelines on Security Token Offerings

Bank of Lithuania Issues Guidelines on Security Token OfferingsRecognizing 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 Central Bank Without Ever Raising Interest Rates Guidelines Aiming to Avoid More […]

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Samsung Stores in the Baltic States Now Accept Cryptocurrencies

Samsung Stores in the Baltic States Now Accept CryptocurrenciesOn Friday, Samsung stores in the Baltic States have announced they will be accepting seven different cryptocurrencies for merchandise. Through a partnership with the payment processing firm Coppay, customers shopping at the Samsung stores in Tallinn, Riga, Vilnius, and Kaunas will be able to pay with BTC, ETH, DASH, NEM, STEEM, XRP, and LTC. Also […]

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How Lithuania Became a Hub of Cryptocurrency Innovation

How Lithuania Became a Hub of Cryptocurrency InnovationOn the southeastern shore of the Baltic Sea lies Lithuania, a country of some 2.8 million. Most most people would struggle to place it on a map, and there are 77 European cities larger than its capital Vilnius, which number just 578,000. Despite this, Lithuania has outperformed nations 20 times its size in the token […]

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Bitcoin Payments Are on the Rise in the Baltics

Bitcoin Payments Are on the Rise in the BalticsCryptocurrencies are gaining popularity in the Baltic states where no comprehensive regulations have been introduced yet. Businesses from multiple sectors, including real estate, online trade, the hospitality industry, and even healthcare, are taking advantage of crypto payments. Some companies from the region are already offering their services globally.    Also read: Blind Denial of Cryptocurrencies […]

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Blind Denial of Cryptocurrencies Leads Nowhere, Bank of Lithuania Says

Blind Denial of Cryptocurrencies Leads Nowhere, Bank of Lithuania SaysThe central bank of Lithuania has started discussions on regulations with crypto businesses and commercial banks. The reluctance to understand the world of cryptocurrencies leads nowhere, its fintech coordinator said during a meeting in Vilnius. Lithuanian projects have attracted 10% of ICO investments last year, the local community claims. Cryptocurrencies like bitcoin enjoy a growing […]

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80,000 New Merchants in Europe Gain Option to Accept Crypto

Europe Gains 80,000 New Merchants Accepting CryptoVilnius-based Coingate, cryptocurrency payment gateway for European merchants, is teaming with Paris-based Prestashop, an open source ecommerce solution. The combination means more choices for cryptocurrency enthusiasts and might encourage an increase in adoption. Also read: Bitcoiners Demand More Crypto CFDs and Spread-Betting in the UK Coingate + Prestashop = 80,000 More Merchants Dmitrijus Borisenka, Coingate CEO, […]

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