Bank of Lithuania

36 results about this entity

Period: 10 Dec 2015 - 09 Apr 2025

Apply Cancel

/regulation

Lithuania lay claims to second largest fintech hub in Europe

The Fintech Landscape in Lithuania report, a yearly study providing a snapshot of Lithuania’s Fintech sector, was released.

/regulation

Bank of Lithuania enlists startups to help reduce reporting burden

The Bank of Lithuania has chosen two companies to create and test a smart solution that would streamline reporting procedures – information for supervision purposes would be generated in a uniform format and collected automatically by the Bank of Lithuania, thus reducing the administrative burden.

Lithuanian central bank urges peers to join digital currency goldrush

Lithuanian central bank urges peers to join digital currency goldrush

The Bank of Lithuania is stepping up its research into the implications of offering a central bank digital currency, publishing a new research paper highlighting CBDC design choices as well as monetary policy and financial stability implications.

Bank of Lithuania takes coin collecting into the digital age

The world‘s first blockchain-based digital collector coin created by the Bank of Lithuania is dedicated to the 16 February 1918 Act of Independence of Lithuania and its 20 signatories. The coin is expected to be issued in spring 2020.

IBM and Tieto to slug it out for Bank of Lithuania LBChain sandbox project

IBM and Tieto to slug it out for Bank of Lithuania LBChain sandbox project

The Bank of Lithuania has selected IBM and Tieto as the final contestants for a procurement initiative to create a regulatory sandbox platform for blockchain projects, LBChain.

/regulation

Bank of Lithuania issues Guidelines on Security Token Offering

The Bank of Lithuania has issued the Guidelines on Security Token Offering which provide greater regulatory clarity and aim at higher investor protection.

Lithuania's fintech plans bear fruit

Lithuania's fintech plans bear fruit

Lithuania is continuing to cement its status as a global fintech hub, reporting a 45% growth in the sector throughout 2018 thanks to a fast-track licensing regime which has attracted big name players like Revolut and Google to the country.

/regulation

Google granted electronic money licence by Lithuanian central bank

The Board of the Bank of Lithuania has granted Google Payment Lithuania UAB an electronic money institution licence authorising to issue and redeem electronic money as well as provide payment services.

/regulation

European Merchant UAB granted a specialised bank licence

Following the assessment and proposal of the Bank of Lithuania, European Merchant UAB has been granted a specialised bank licence by the European Central Bank.

/regulation

Lithuania’s financial regulator launches its regulatory sandbox

Startups and other businesses developing financial technologies (FinTech) will soon be able to test their innovative products in a live environment under the guidance and supervision of the central bank of Lithuania.

Israel's Nayax sets up shop in Lithuania

Nayax, a global leader of cashless payment solutions and management platform for unattended retail, has announced the opening of a new office within Europe, Nayax Europe UAB.

Bank of Lithuania releases new RegTech tool for e-licensing

The Bank of Lithuania has introduced an e-licensing tool that makes submission of information necessary to obtain an operating licence quicker, easier and less expensive.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept