Lithuania creates a secure legal environment for ICO
Channel: KCN News
Date: 2018-06-22

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Lithuania launch a legally safe sphere for ICO projects. The Carroll School of Management in Boston estimated that since January of last year, all the ICO campaigns in total raised $12 billion. But there are still regulatory difficulties at the state level. The DESICO platform will be able to support the secondary token market through a brokerage license, and the availability of the European E-Money license will allow the creation of IBAN accounts and convert fiat money into cryptocurrencies. As Lithuania's Minister of Finance Vilyus Shapoka said, Lithuania is the first EU country, that already regulates the ICO, while other EU countries, as well as the US, Canada and China are only now adapting their legislation for legal regulation.

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