Posts From Company Announcement
Lithuania Brings World’s First Blockchain Based Digital Collector Coin
The world‘s first blockchain-based digital collector coin created by the Bank of Lithuania is dedicated to the 16 February 1918 Act of Independence of Lithuania and its 20 signatories. The coin is expected to be issued in spring 2020. “This
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Bank of Lithuania in Final Sandbox Testing with IBM and Tieto for LBChain
The Bank of Lithuania has chosen IBM Polska and Tieto Lietuva, UAB to proceed to the next stage of its endeavour to create LBChain, a blockchain-based technological platform. The winner of the project will be revealed after the final testing
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Bank of Lithuania Provides Recommendations on Raising Capital Through STOs
The Bank of Lithuania has issued the Guidelines on Security Token Offering (STO) which provide greater regulatory clarity and aim at higher investor protection. “The current focus on security token offerings is taking over the waning interest in initial coin
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The Largest Fintech Conference in Northern Europe in Lithuania this November
European and global fintech companies, investors and everyone interested in the latest financial technology will turn their attention to Lithuania. Here the largest financial technology conference Fintech Inn in Northern Europe and the Baltic States will be held for the
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Ikea Iceland Settles the World’s First Invoice With Smart Contracts and Licensed Digital Cash
Tradeshift and Monerium announce the successful completion of a transaction that marks a major step forward in business payments and finance. Using Tradeshift’s platform and smart contracts on the Ethereum blockchain, Icelandic retailer Nordic Store purchased goods from IKEA Iceland
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Railsbank is Expanding its Vilnius Engineering Team
Railsbank, a London-based leading global open banking and RegTech platform that has opened an office in Vilnius in 2018 announces that it has raised $10m in a Series A funding round, led by Moneta Capital and joined by CreditEase, Clocktower
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Paysera Introduces Google and Samsung Payments
From now on, Paysera VISA payment cards can be linked to Google Pay and Samsung Pay to purchase goods and services simply by holding a smart device to a contactless card reader. “Mobile payments are not a new thing –
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Stripe Launches in the Baltic
Stripe officially launches its services in Estonia, Latvia and Lithuania helping internet businesses in these countries to start, grow, and scale their business globally and accept money from anywhere in the world. They also started their services in five other
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Lithuania Issues 2 Electronic Money Institution Licence
The Board of the Bank of Lithuania issued two electronic money institution licences to SumUp and Goopal Pay, UAB. The licensed companies will be able to offer electronic money issuance (redemption) and certain payment services. Having secured the licence, SumUp
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