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Lithuania intends to implement a rigorous licensing process for crypto companies currently operating within its jurisdiction. This initiative, scheduled to…

Lithuania intends to implement a rigorous licensing process for crypto companies currently operating within its jurisdiction.

LITHUANIA, which established itself as a hub for financial-technology startups over the past decade, will weed out many of the crypto companies operating there when it starts awarding licenses next year. While some 580 cryptoasset firms are registered in Lithuania, the number expected pass the hurdle for obtaining full permits…

Lithuania's crypto licensing to reduce the number of firms. Central Bank expects many to exit the ecosystem by June 2025.

Lithuania is set to impose strict licensing requirements on crypto firms by 2025, which will significantly reduce the number of companies able to operate in…

VILNIUS – A single coordination center is needed for the implementation of international economic sanctions as well as those imposed by in...

Presidential aide: Lithuania has enough COVID-19 vaccines, registration system is key now Link copied aA Lithuania has enough COVID-19 vaccines and must now focus on putting in place an efficient and smoothly functioning system of registration for vaccine shots, a presidential advisor said on Tuesday. © DELFI / Josvydas Elinskas "Now that the vaccine shortage issue has been resolved basically, we are now moving to the second phase, an efficient and rapid vaccination phase where a nationwide r...

Major breakthrough in dealing with coronavirus in Lithuania expected in June – adviser 2021-04-27 BNS/TBT Staff VILNIUS – A major breakthrough in bringing the COVID-19 pandemic in Lithuania under control is expected in June, Simonas Krepsta, a chief adviser to President Gitanas Nauseda, says. "We are at a special crossroads and we are really close to that moment when the situation will start improving because of the vaccination gaining momentum," he told after a meeting with members of th...

Lithuania to get 600,000 vaccine doses in Q1 another 3 mln in Q2 BNS Link copied aA Lithuania is to receive a total of around 600,000 COVID-19 vaccine doses in the first quarter of this year and another 3 million euros in the second quarter, a presidential advisor said on Tuesday. Oksfordo universitetas atliks tyrimą, kuriame paskiepys gyventojus dviem skirtingų vakcinų nuo COVID-19 dozėmis. © EPA - ELTA "We have been given a clear assurance that EU countries, including Li...

Site.title - Lithuanian Prime Minister Ingrida Simonyte says its too soon to speak about the introduction of the green pass, being considered at the EU level, in Lithuania until a significant part of the countrys population is not vaccinated against the coronavirus.