Earlier this week, Lithuania’s tax service, the Lithuanian State Tax Inspectorate, added $7.6 million dollars to the state budget through the sale of cryptocurrencies seized in criminal investigations. The occasion...
Read MoreThe Lithuanian government has reportedly sold a bach of cryptocurrency seized by local enforcement agencies.The State Tax Inspectorate, or STI, the country’s tax authority, sold confiscated crypto assets worth 6.4 million...
Read MoreAmid the ongoing political unrest in Belarus, some local cryptocurrency-related companies are reportedly setting up backup offices in neighboring countries.Currency.com, a Minsk-headquartered crypto trading company, is...
Read MoreThe Bank of Lithuania has released a digital, blockchain-based collector coin dedicated to the country’s Act of Independence of 1918 and its 20 signatories.Claiming a world first, the central bank says the digital coin...
Read MoreThe Bank of Lithuania, or BoL, will launch a pre-sale of its CBDC, dubbed LBCOIN, on July 9, a representative for the central bank told Cointelegraph. The coin itself will be issued and sold on July 23.While LBCOIN is...
Read MoreAs of May 27, the Bank of Lithuania, or BoL, has finished the research phase of its blockchain-related project, LBChain. In the next phase, the institution will create a sandbox that mixes technological and regulatory...
Read MoreThe Bank of Lithuania (BoL) has revealed ambitious long-term plans to develop its blockchain platform for use beyond the financial services sector.On May 26, the central bank’s blockchain-based sandbox, LBChain project,...
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