Lithuania

Lithuania Welcomes Blockchain and Creates a Growing Crypto Ecosystem

The world is dealing with a widespread adoption of cryptocurrencies, and it’s not an easy ride. Bitcoin, the world’s largest digital currency, is down more than 50% this year, and 66% down from its all-time high of almost $20,000 in

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Cashless Payment Company Chooses Lithuania as European Base

Nayax, a global payment solutions and management platform for unattended retail, has announced the opening of a new office within Europe, Nayax Europe UAB. Nayax Europe will be situated in Lithuania, the issuing country of the required operating license for

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Lithuania Introduces Remote Fintech Licensing

Bank of Lithuania – the country’ regulator – has introduced a procedure which will allow companies to apply remotely for Fintech licences. T his regulatory technology  tool willfacilitate the process of submitting and managing applications for e-money and payment institution

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10 Exciting Fintech Startups from Lithuania to Keep an Eye on

Lithuania, which have been promoting itself as gateway destination to the European market for fintech startups from across the world, has seen its digital finance and fintech sector grow rapidly in the past years. In 2017, the country saw no

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Bearingpoint’s Regtech Solutions Open Up Lithuanian Market

BearingPoint’s RegTech platform Abacus has been taken up by Citadele Bank Lithuania. With the Lithuanian commercial bank, the international management and technology consultancy BearingPoint adds a new country to its global footprint. Citadele Bank decided for BearingPoint’s tried and tested

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Lithuania to Introduce Blockchain Sandbox in 2019

Lithuania is looking to become the first ever country to offer entities from around the world the opportunity to register and manage companies using blockchain technology. These Virtual Limited Liability Companies (VLLCs) would benefit from an innovation-friendly “sandbox” regulatory system

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