Lithuania is on the verge of enforcing stricter regulations in the field of digital currencies
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Written by
Masoud_Crypto
Masoud_Crypto
2 years ago
The Lithuanian government wants to tighten control over digital currencies to combat money laundering and prevent terrorist financing. The government's proposed bill, if approved by parliament, would lead to more serious user identification guidelines and a ban on anonymous accounts. Exchange offices, meanwhile, are required to register a company with a minimum capital of € 125,000 from the beginning of 2023. One of the goals of the crackdown is to prevent Russia and Belarus from circumventing Western sanctions.
Written by
Masoud_Crypto
Masoud_Crypto
2 years ago