Insights
Crypto Asset Regulation
2024-08-05
Important updates on crypto-assets regulation in Lithuania
On 26 July, the Bank of Lithuania ("BoL”) issued a letter of expectations for financial market participants operating and planning to operate in the crypto-asset sector.
Financial services licenses
2024-06-07
Our client UAB NS Pay has successfully obtained e-money institution in Lithuania
We are delighted to share that our client UAB NS Pay has successfully obtained an e-money institution license in Lithuania!
Crypto Asset Regulation
2024-02-01
The European Securities Markets Authority (“ESMA“) recently released two consultation papers under the Markets in...
The European Securities Markets Authority (“ESMA“) recently released two consultation papers under the Markets in Crypto Asset Regulation (“MiCA”). They provide preliminary guidelines on (i) crypto-asset classification and (ii) reverse solicitation.
Crypto Regulation
2024-01-17
The recent guidelines from the European Banking Authority (EBA) for crypto-asset service providers
The recent guidelines from the European Banking Authority (EBA) for crypto-asset service providers (“CASPs”) mark a crucial step in fortifying combat against money laundering (“ML”) and terrorist financing (“TF”) efforts.
Crowdfunding
2023-11-10
RESPONSE Legal clients have obtained 10 out of total 12 EU crowdfunding licenses in Lithuania
We are thrilled to announce that today Bank of Lithuania issued ECSP licenses to 4 of our clients.
Crowdfunding
2023-10-17
Lithuania has issued 7 EU Crowdfunding (ECSP) licenses
So far Lithuania has issued 7 EU Crowdfunding (#ECSP) licenses. 6 of such licenses were issued to Response Legal clients.
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