Bank of Lithuania steps up AML/CFT measures for crypto
Bank to co-operate with financial crime investigators to oversee ballooning digital assets sector
The Bank of Lithuania has announced plans to strengthen its supervision of crypto asset service providers in co-ordination with the country’s financial crime investigation service (FCIS).
The two bodies signed an agreement to increase co-operative efforts on November 25, just days before the European Union’s Markets in Crypto Assets Regulation was due to come into force.
“We will have to ensure that only well-prepared players enter the domestic and European market, providing quality services to
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