International Internet Magazine. Baltic States news & analytics
Friday, 13.12.2019, 16:34
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.
Keyword tags: Cryptocurrencies, Estonia, Financial Services
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.
Facebook's plans to issue its cryptocurrency, the Libra, as well as plans by other companies on the so-called stable coins cryptocurriencies, which would be pegged to stable assets, are now sparking major discussions and raising questions, Lithuanian Finance Minister Vilius Sapoka says LETA/BNS.
The Bank of Lithuania has signed a contract for programming the world’s first digital collector coin which, together with its physical version, is expected to be issued at the beginning of 2020.
Global cryptocurrency platform Blockchain opened an office in Vilnius on Tuesday, with plans to hire several tens of employees by the end of the year, reported LETA/BNS.
Seeking to try out the virtual currency technology, the Bank of Lithuania plans to issue the world's first digital numismatic coin, LBCoin, later this year, informed LETA/BNS.
Crypto currencies will probably die as a "complete load of nonsense," European Central Bank policy maker Ardo Hansson said according to Bloomberg writes LETA/BNS.