{"id":931,"date":"2022-06-16T10:24:27","date_gmt":"2022-06-16T10:24:27","guid":{"rendered":"https:\/\/response-legal.lt\/?p=931"},"modified":"2023-01-26T10:27:45","modified_gmt":"2023-01-26T10:27:45","slug":"for-managing-risks-in-the-crypto-asset-sector-and-increasing-transparency-amendments-to-the-law","status":"publish","type":"post","link":"https:\/\/response-legal.lt\/en\/for-managing-risks-in-the-crypto-asset-sector-and-increasing-transparency-amendments-to-the-law\/","title":{"rendered":"For Managing Risks in the Crypto-Asset Sector and Increasing Transparency \u2014 Amendments to the Law"},"content":{"rendered":"

\u2757 Government of the Republic of Lithuania has approved the amendments to the Law on the Prevention of Money Laundering and Terrorist Financing. The drafted bill is scheduled to be submitted to the Parliament of the Republic of Lithuania.<\/p>\n

Key amendments:
\n\ud83d\udcccRequired capital of EUR 125k
\n\ud83d\udcccKYC starting at EUR 700
\n\ud83d\udccc\u201cTravel\u201d rule from year 2025
\n\ud83d\udcccRestrictions on senior employees working at multiple companies<\/p>\n

Response Legal<\/a>\u00a0contributed to the discussions and provided comments on the amendments. The drafted bill is aimed at strengthening the management of money laundering risks and ensuring further sustainable development of the cryptocurrency sector \ud83d\udc47<\/p>\n

 <\/p>\n

Read more<\/a><\/p>\n

 <\/p>\n

#crypto<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u2757 Government of the Republic of Lithuania has approved the amendments to the Law on the Prevention of Money Laundering and Terrorist Financing. The drafted bill is scheduled to be submitted to the Parliament of the Republic of Lithuania. Key amendments: \ud83d\udcccRequired capital of EUR 125k \ud83d\udcccKYC starting at EUR 700 \ud83d\udccc\u201cTravel\u201d rule from year […]<\/p>\n","protected":false},"author":3,"featured_media":897,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[68],"tags":[],"class_list":["post-931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-regulation"],"acf":[],"_links":{"self":[{"href":"https:\/\/response-legal.lt\/en\/wp-json\/wp\/v2\/posts\/931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/response-legal.lt\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/response-legal.lt\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/response-legal.lt\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/response-legal.lt\/en\/wp-json\/wp\/v2\/comments?post=931"}],"version-history":[{"count":2,"href":"https:\/\/response-legal.lt\/en\/wp-json\/wp\/v2\/posts\/931\/revisions"}],"predecessor-version":[{"id":933,"href":"https:\/\/response-legal.lt\/en\/wp-json\/wp\/v2\/posts\/931\/revisions\/933"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/response-legal.lt\/en\/wp-json\/wp\/v2\/media\/897"}],"wp:attachment":[{"href":"https:\/\/response-legal.lt\/en\/wp-json\/wp\/v2\/media?parent=931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/response-legal.lt\/en\/wp-json\/wp\/v2\/categories?post=931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/response-legal.lt\/en\/wp-json\/wp\/v2\/tags?post=931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}