Posts tagged as virtual currency control

Lithuania plans to step up virtual currency control

Monday, April 8, 2019

Lithuania plans to step up control of activity of ICO (Initial Coin Offering) companies, virtual currency exchanges and depository wallet operators, and also plans to introduce requirements for them to ensure effective prevention of money-laundering and terrorism funding. “We want to create a transparent legal environment for virtual currency exchanges, depository wallet operators and ICO initiators. We also want to contribute to ensuring better consumer protection,” Sigitas Mitkus, director of…