Tag: Lithuania

Another Fake Partnership as Samsung Denies CopPay Crypto Payments Deal

On July 20 reports circulated a partnership involving electronics giant Samsung and Lithuanian crypto payment along with blockchain startup CopPay was at the works. The arrangement has been set to allow it to be feasible for Samsung clients in 3 Baltic nations — Estonia, Latvia, also Lithuania — to cover in-store buys with cryptocurrencies. In astonishing news, […]

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Report: 2018 Token Sales Almost Double Last Year’s Results

Crowdfunding Initial Coin Offerings within the first half of 2018 have attracted almost double the quantity of funds raised final yr, a brand new report reveals. Researchers level out, nevertheless, that almost all of ICOs have largely failed, with solely a 3rd of the initiatives closed efficiently. According to the research, the US stays the […]

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Cryptocurrency is Helping Fuel Lithuania’s Economy, Bankers Fear Financial Disruption

Cryptocurrency is helping fuel Lithuania’s market, however European central bankers have argued it will help illegal action whilst interrupting conventional fund. Open Arms ApproachThe cryptocurrency marketplace has had a challenging first six months of this year. At the start of January, it had been worth more than $830 billion. ) At that the time of publishing, […]

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Estonia Grants License to Crypto Trading Software Provider Ibinex

Exchanges Ibinex, a business which specializes in white-label options for cryptocurrency exchanges, has got a permit to function Estonia. Besides exchange solutions, in addition, it intends to provide both cold and hot wallets inside the regulatory framework of the tech-savvy, crypto-friendly Baltic country. Authorities at Estonia have given a permit to Ibinex, a supplier of […]

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Lithuania Issues Guidelines for When ICO Tokens Are Securities

Lithuania’s Ministry of Finance has issued tips on preliminary coin choices (ICOs), outlining when cryptographic tokens can be considered as securities and the way every facet of a token sale must be regulated by completely different legal guidelines within the nation. According to the doc published Friday, a defining function within the beneficial framework is whether or […]

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Money20/20: Central Bank Execs Conclude Crypto Is No Threat to Fiat, Yet

Representatives from several central banks shared whether cryptocurrency might spell the end of fiat monies throughout the Money20/20 summit in Amsterdam now, June 5. ) During a board discussion branded “Cryptocurrency, the Central (Bank) Question”, agents from the Swiss National Bank, the Bank of Lithuania, the Bank of England, as well as also the Bank […]

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How Lithuania Became a Hub of Cryptocurrency Innovation

Economy & Regulation On the southeastern coast of this Baltic Sea is located Lithuania, a state of a 2.8 million. Most most people would fight to put it onto a map, and you will find 77 European cities bigger than its funding Vilnius, that amount only 578,000. Despite this, Lithuania has outperformed nations 20 times […]

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