UTC-05:00,Thursday , May 28th 2020

Bank Of Lithuania Becomes First Market Regulator To Issue Guidelines On STOs

16:34 Tuesday , October 22nd 2019
According to coinpage, Bank of Lithuania has become the first of market regulators to issue guidelines on STOs.
The new guidelines are focussed on the classification of security tokens, assessing specific cases and providing recommendations related to the issue of the security tokens and also clarify on applicable legal regulation. Furthermore, enterprises planning to use the STO method will need to comply with EU and national legislation regulating capital-raising activities.
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