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"In May this year, the European Union (EU) adopted the European Markets in Crypto-assets (MiCA) Regulation, which will increase the potential of cryptocurrencies, introduce legal clarity, reduce risks and protect consumers. The EU will be the first political and economic community to put in place a common set of rules for companies operating in the cryptocurrency market. This is exactly what the mature growth of the crypto asset sector has required, our Association believes. Crypto companies have historically been classified as fintech, and we believe that by being part of a single organization, crypto companies, specialized banks, e-money institutions and payment institutions will be able to share best practices, develop new products and thus add more value to their customers, not only in Lithuania, but also across the EU. Such synergies can strengthen Lithuania's position as a European value-added fintech center," said Asta GrigaitytÄ—, Fintech Hub LT Chairwoman of the ....
Fintech Hub LT, an association of licensed Fintech companies in Lithuania, will now accept virtual currency exchanges and virtual asset service providers (VASP) into its Association. "In May this year, the European Union (EU) adopted the European Markets in Crypto-assets (MiCA) Regulation, which will increase the potential of cryptocurrencies, introduce legal clarity, reduce ....
Fintech Hub LT welcomes crypto asset companies to join the association baltictimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from baltictimes.com Daily Mail and Mail on Sunday newspapers.
Fintech HUB LT, the biggest Association of licensed financial technology ("Fintech") companies in Lithuania, has elected the new board and the Chairwoman. ....