Lithuania’s central bank launches blockchain sandbox

The Bank of Lithuania, the country’s central bank, will introduce a regulatory and technological sandbox platform called LBChain for blockchain testing.

As reported last year, fintech companies can test their products in the country by creating bespoke regulatory sandboxes under their supervision.

In this latest development, Marius Jurgilas, board member of the Bank of Lithuania says: “Give companies room for the regulated development of these …

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