Exchanges outdo auctions for governments cashing in criminal crypto, says exec

Governments are increasingly liquidating crypto assets seized in criminal investigations. Earlier this week, Lithuania’s tax service, the Lithuanian State Tax Inspectorate, added $7.6 million dollars to the state budget through the sale of cryptocurrencies seized in criminal investigations.  The occasion marked the first time that the Lithuanian government liquidated confiscated cryptocurrencies. In doing so, the […]

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Symbol blockchain to host whisky fund and central bank collectibles at launch

Symbol, the forthcoming enterprise and security token-focussed blockchain from the team behind XEM, will host a whiskey fund and Lithuanian collectible token at launch. Proof-of-stake blockchain NEM (XEM) is preparing for a token migration in December alongside the public launch of the Symbol (XYM) blockchain. Speaking to Cointelegraph, NEM Group CIO and NEM Ventures managing […]

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Belarusian crypto exchange looks to Lithuania amid political turmoil

A major crypto company is offering outs to its employees as the situation in Belarus grows more tense. Amid the ongoing political unrest in Belarus, some local cryptocurrency-related companies are reportedly setting up backup offices in neighboring countries., a Minsk-headquartered crypto trading company, is reportedly planning to open an office in Lithuania to provide […]

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