Why the Future of ICO is Bright for Lithuania

Learn why new regulations and Lithuania’s current stance on start-ups is making the country one of the safest places to do business. On 8th June 2018, the Lithuanian government have released new guidelines on Initial Coin Offerings (ICOs). Vilius Sapoka, the Lithuanian Minister of Finance, said: “We (the Lithuanian government) acknowledge that the brave new crypto economy world is here to stay, this is why we encourage and invite its participants to innovate and create in Lithuania.” As one of the first countries in Europe to prepare comprehensive guidelines on the legal framework for ICO projects, Lithuania has positioned itself…...