June 25 2018
The northeastern European country of Lithuania has experienced a boom in cryptocurrency that has been supported by a liberal approach towards regulations in the space. Now, this intense interest in the country’s virtual currencies space is stoking fears of money laundering from the Russian criminal underground.
According to a report on Politico, Marius Jurgilas – a board member of the Bank of Lithuania – discussed concerns that the Baltic state has with money pouring into its economy from Russia.