Publication / Augustas Klezys, Laura Matukaitytė, Dalia Augaitė, Liutauras Vasiliauskas
On 17 October 2019, the Bank of Lithuania released Guidelines on Securities Token Offerings. The primary goal of the Guidelines is to provide clarity regarding the legislation on tokens that have features of securities. The Guidelines lay out the neutrality regulation policy exercised by the Bank of Lithuania in regard to technology, meaning that regardless […]
We consulted the VEFRESH association, which combines leading technology businesses regarding options to establish an urban smart solution testing area in the VEF district. VEFRESH Association This movement has brought together Latvian companies to jointly promote innovation development in the historical VEF district and its surrounds. The VEF area will turn into a smart-city testing […]
We advised Baltic Horizon Fund in arranging private placements of fund units raising a total of EUR 16.5 million. Private placements were arranged in relation to the latest property acquisition of the fund – North Star Business Centre in Vilnius, Lithuania. As part of the transaction the seller of North Star Business Centre, UAB Prosperus […]
We advised CBI Money in the process of obtaining an e-money licence from the Bank of Lithuania. CBI Money is part of China Binary New Fintech Group – a China-based company providing online transaction services and listed on the Hong Kong stock exchange market. CBI Money will be administering payment systems that allow rapid and […]