Central Banking

Bank of Lithuania to regulate ICOs that mimic securities

bank-of-lithuania

The Bank of Lithuania is only responsible for regulating initial coin offerings (ICOs) if the “tokens” on issue behave like securities, according to a document published by the country’s finance ministry earlier this month.  

According to the new regulatory guidelines, the central bank does not have regulatory purview over ICOs associated purely with crypto assets as they are not considered part of the regulated financial sector.

“Only the entities that are planning to provide regulated

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: