Fintech

MiCa approved: Will Legal Certainty Drive Investment in Crypto?

With the EU Parliament’s approval of the MiCA regulation some argue that the future of...

Lithuania Remains the Go-To Country in EU for Crypto Activities

Lithuania has established itself as a leading FinTech hub in the European Union and continues...

Lithuanian FinTech Industry Keeps Growing

In 2022, 224 institutions interested in operating or seeking a license in Lithuania have applied...

Changes Await The Lithuanian Crypto Market From November 2022

Lithuania strengthens the supervision of the cryptocurrency sector. From November 2022, the country will ban...

Topics Financial Institutions Shall Raise Awarness Of

Following the legal requirements as well as an analysis of recent practice and focus of...

The Bank of Lithuania outlined key deficiencies of sanctions-related control measures for financial market participants

On the 21st of July, the Bank of Lithuania published a report on the implementation...

Despite the COVID-19 pandemic, the number of payment and e-money institutions in Lithuania continues to grow

While normal life was suspended under lockdown due to COVID-19 pandemic, this does not limited...

How to ensure a credible internal control and management system in a financial institution?

The Bank of Lithuania has analyzed how electronic money (EMI) and payment institutions (PI) are...

Cryptocurrency: Regulations in the USA on the way

Cryptocurrencies are trending. In the USA, the market is hardly regulated, but that about to...

NFT as the grey area of prevention of money laundering

Non-fungible tokens that are better known as NFTs have been shaking up the media as...

Major changes taking place in crowdfunding regulation

With the entry into force of the common European Union regulation, ECOVIS ProventusLaw would like...

Revolut gets its fourth license in Lithuania: Revolut Securities receives brokerage license (UPDATED 17/12/2021))

December 1, 2021 the Bank of Lithuania granted UAB “Revolut Securities” category B securities broker...