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Lithuania Proposes Mandatory Gambling Player Card System by 2029 in Most Comprehensive European Legislation Yet

Lithuania’s Ministry of Finance has proposed a mandatory player card system that would track every player’s deposits and winnings across all online and land-based operators, with a full transition to…

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Lithuania Fines Crypto Firm $10M for Russian Sanctions Violations

The Lithuanian Financial Crime Investigation Service (FNTT) has fined the crypto firm Payeer nearly 9.3 million euros ($10 million) for international sanctions violations and anti-money laundering (AML) breaches. Specifically, Payeer…

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Lithuanian Government Approves Stricter Crypto Regulations

The government in Vilnius has approved amendments introducing more stringent regulations for the country’s growing crypto space. The legislation is aimed at managing risks associated with crypto assets and preventing…

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