The Ministry of Finance of the Republic of Lithuania has announced on Wednesday, June 6, brand-new guidelines regulating the country’s crypto market. They consist of four main parts, namely regulation, taxation, accounting, and Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT).
A document on initial coin offering (ICO) guidelines, published by Lithuania’s Ministry of Finance last week, outlines the detailed information on how an ICO and a digital currency may act within the country. The financial institution, however, points out that these recommendations cannot be considered as law.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/lithuania-presents-guidelines-on-cryptocurrency/
