Changes in the Regulation of Crypto Exchanges in Lithuania And Estonia
Changes in the Regulation of Crypto Exchanges in Lithuania And Estonia
Author(s): Marek BočánekSubject(s): Economy, Law, Constitution, Jurisprudence, Civil Law, Financial Markets
Published by: Wydawnictwo Uniwersytetu Jagiellońskiego
Keywords: MiCA; crypto-assets; crypto exchange; crypto wallet; AML; payments
Summary/Abstract: This article consults new regulations in Estonia and Lithuania where significant amendments have been adopted for the establishment and approval of crypto exchange services' providers. While Estonia has adopted an important amendment to the regulation of providers of crypto exchange services and of crypto wallet services, Lithuania has adopted a completely new regulation that has never been part of its legal system in any aspect. Despite these amendments, it's expectable that these regulations will have only temporary effect by the adoption of Markets in Crypto Assets Regulation (MiCA), now only at the stage of working paper.
Journal: Financial Law Review
- Issue Year: 29/2023
- Issue No: 1
- Page Range: 8-20
- Page Count: 13
- Language: English