Lithuanian Government Approves Stricter Crypto Regulations – Regulation Bitcoin News - BitcoinEthereumNews.com
Bitcoin क्रिप्टोलिथुआनियाई सरकार ने कड़े क्रिप्टो विनियमों को मंजूरी दी - विनियमन बिटकॉइन समाचार06 / 11 / 2022बिटकॉइन एथेरियम समाचार The government in Vilnius has approved amendments introducing more stringent regulations for the countrys growing crypto space. The legislation is aimed at managing risks associated with crypto assets and preventing Russian attempts to circumvent Western sanctions imposed over the war in Ukraine. Lithuanian Authorities to Tighten Rules for Crypto Industry Lithuania is preparing to revise its Law on Prevention of Money Laundering and Terrorist Financing with the stated goal of ensuring greater transparency and sustainable development for its cryptocurrency sector. This week, the government approved amendments that the small Baltic nation plans to adopt before the upcoming यूरोपीय संघ के नियम. The new provisions have been prepared by the Ministry of Finance, the Bank of Lithuania, the Financial Crime Investigation Service, the Ministry of Interior, and the Lithuanian Money Laundering Prevention Competence Center. Their main purpose is to further regulate the operations of crypto service providers. Finance Minister Gintarė Skaistė was quoted by her department as stating that the rapid growth of the crypto market and the emergence of new products require additional attention from the responsible authorities in managing risks, especially those related to