News

Stablecoin Issuance

STABLECOIN ISSUANCE MiCA identifies two types of stablecoins – E-money tokens (EMTs) and asset-referenced tokens...

Crypto-Asset Issuance

CRYPTO-ASSET ISSUANCE Crypto-assets non-stablecoin Crypto-Asset Issuers Crypto-Asset Service Providers Utility tokens Crypto-assets Stablecoins NFTs Crypto-assets...

Generative AI and Data Protection. Maybe Data Protection is Only Causing the Fake Concern?

The end of 2022 marked the explosive rise of ChatGPT. Every channel was just clogged...

Stablecoins and E-money Tokens Issuance Under the New MiCA Regulation

With MiCA’s entry into force, the crypto market finally has the legal clarity it always...

Customer Remote Onboarding: How to Comply With the EBA’s Guidelines

In 2022, the European Banking Authority issued Guidelines on the use of Remote Customer Onboarding...

Court Clarifies the Application of Civil Liability to Board Members

On 27 July 2023, the Court of Appeal of Lithuania (the Court) examined a civil...

New AML/CTF And Sanctions Compliance Instructions Are Coming Into Force

Commencing on September 1, 2023 the Bank of Lithuania AML/CTF Amended Instructions and new Sanctions...

Starting From 1st July, The Procedure For Issuing Visas And Temporary Residence Permits to Foreign Nationals Has Been Changed

From 1st July 2023, the process of requesting national visas for foreign nationals located outside...

Bank accounts for Fintech’s

SEGREGATED CLIENT FUNDS BANK ACCOUNTS FOR FINTECH’S. PAYMENT AND ELECTRONIC MONEY INSTITUTION AGENT REGISTRATION Payment...