Daily Archives: 10/06/2022

Lithuanian authorities voted to tighten regulation of cryptocurrencies

The Ministry of Finance of Lithuania announced that amid growing international tensions and the growth of the crypto industry in the country, there will be new rules for holders of digital assets. The Ministry of Finance specified that amendments to the legislation will be adopted to combat money laundering and combating the financing of terrorism (AML). After these amendments are approved by the Seimas, the rules prohibiting anonymous transactions in cryptocurrency will come into effect.…

Albanian deputies demanded from the regulator to strengthen control over the crypto industry

The Albanian Parliamentary Assembly called on the Financial Supervisory Authority (AFSA) to approve the missing cryptocurrency regulations by the end of the year, after discussing the issue with international regulators. Until the end of the year, AFSA should supplement and improve the legislation on crypto assets, as the country is ready to take advantage of the latest technologies, deputies say. On September 1, 2020, Albania adopted a law on financial markets based on distributed ledger…