Cryptocurrencies

International Internet Magazine. Baltic States news & analytics Thursday, 22.04.2021, 20:19

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Lithuania's tax authority converts confiscated cryptocurrency into EUR 6.4 mln

Lithuania's tax authority converts confiscated cryptocurrency into EUR 6.4 mln

24.11.2020

Lithuania's State Tax Inspectorate has for the first time realized confiscated cryptocurrency, transferring 6.4 million euros to the state budget, writes LETA/BNS.

Keyword tags: Cryptocurrencies, Legislation, Lithuania



Eesti Pank is launching a research project into central bank digital currency

Eesti Pank is launching a research project into central bank digital currency

05.10.2020

Eesti Pank has launched a multi-year project in collaboration with the technology companies Guardtime and The SW7 Group to research how technologically suitable the Estonian e-government core technology is for operating a central bank digital currency, Eesti Pank informed.

Central bank digital currency – necessity, challenges or opportunities?

Central bank digital currency – necessity, challenges or opportunities?

29.09.2020

For some time now, we hear regular talk of the digital euro European central banks should have in the digital era. Moreover, it even sounds seemingly self-evident. However, the creation of a new form of money should not be an objective in itself, but it must serve the overarching goal of creating a more convenient, versatile, secure and risk-resilient "money service" for exchanging goods and services in the economy.


Bank of Lithuania approved the sample of the world’s first digital collector

Bank of Lithuania approved the sample of the world’s first digital collector

21.01.2020

The Board of the Bank of Lithuania has approved the sample of the physical version of the digital collector coin – an original silver coin bearing a denomination of EUR 19.18 to commemorate the year of the Act of Independence of Lithuania. LBCOIN is dedicated to this prominent Act and its 20 signatories.

Digital euro is just a matter of time - Kazaks

Digital euro is just a matter of time - Kazaks

09.01.2020

It is important for central banks to get involved in handling cryptoassets and other new virtual payment systems, Bank of Latvia Governor Martins Kazaks said in an interview with LETA, adding that the emergence of a digital euro is just a matter of time.


20.11.2019

Estonian FinMin working on cryptocurrency regulation

s part of its plan to introduce cryptocurrency regulation in Estonia, the Ministry of Finance has asked market participants about different options for regulating cryptocurrencies, informed LETA/BNS.

11.10.2019

Bank of Lithuania: Facebook's Libra may turn into 'something interesting'

Facebook's plans to issue Libra has prompted central banks to take a closer look at stablecoins – cryptocurrencies offering price stability, a member of the Bank of Lithuania's board has told the business daily Verslo Zinios, referred LETA/BNS.

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