Bank of Lithuania Revokes Paytend Europe's License Due to Serious Violations
The Bank of Lithuania has revoked the license of electronic money institution UAB 'Paytend Europe' after an inspection uncovered serious operational violations.
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Lithuanian Bank Licenses Crypto Asset Service Provider
The Bank of Lithuania has issued a crypto asset service provider license to 'Micar assets,' making it the fourth company to receive such a license under the MiCA Regulation.
Bank of Lithuania Unveils Payment Strategy Until 2030
The Bank of Lithuania has presented its Payment Strategy until 2030, focusing on enhancing payment security, resilience, and service accessibility.
Lithuanian Central Bank Proposes New Anti-Fraud Regulations
The Bank of Lithuania is proposing legal amendments to combat financial fraud, which include stricter payment confirmations, the right for banks to debit funds from recipients' accounts, and compensation for customers in certain fraud cases.
Lithuanian Bank to Present Payments Market Strategy Until 2030
The Chairman of the Board of the Bank of Lithuania, Gediminas Šimkus, will present the country's payments market strategy until 2030 at a press conference on March 4, 2026.
Lithuania Enhances Consumer Protection Against Financial Fraud
Prime Minister Inga Ruginienė and Bank of Lithuania Chairman Gediminas Šimkus are presenting proposals to strengthen consumer protection and provide payment service providers with more tools and responsibilities to combat financial fraud.