The Bank of Lithuania has issued an official position regarding initial coin offerings (ICOs) and cryptocurrencies, in which the central bank encourages banks to withhold financial services from businesses operating with virtual currencies. Lithuania’s central bank also expressed its belief that ICOs should be regulated as securities. Also Read: Lithuania Shows ‘Serious Intentions’ in Blockchain Innovation […]
The post Bank of Lithuania Discourages Financial Institutions From Dealing With Virtual Currencies appeared first on Bitcoin News.
Bitcoin, Ethereum and other Cryptocurrencies