Category: Lithuania

Cryptocurrency Legislation in Lithuania in 2024

Lithuania’s cryptocurrency legislation landscape in 2024 reflects a proactive and adaptive approach to regulating virtual currency-related activities. The Lithuanian government has shown an open and favorable attitude towards virtual currencies, focusing on creating a regulated and monitored environment for their use and exchange. Regulatory Framework and Government Stance The...
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The Evolution of Cryptocurrency Regulation in Lithuania Prior to 2024

As the world of cryptocurrency continually evolved, Lithuania emerged as a notable player in shaping regulations for virtual asset service providers (VASPs) within the European Union. By the period leading up to 2024, Lithuania had developed a comprehensive legal framework, primarily focused on anti-money laundering (AML) and counter-terrorist financing...
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