About: admin

In the present Bulgarian legal framework, cryptocurrencies (Bitcoin, altcoins) are still perceived, audited and declared before NRA (National Revenue Agency) as a financial asset. Their legal status got some development with the amendment to the Anti-money Laundering Act (AML Act) from November 2019. Generally, its importance, which we have discussed here, is in the following three…

In 2017, Estonia became amongst the first countries in Europe to provide a legal framework for business activities involving virtual currencies. Since then, the Baltic country has emerged as a preferred destination for crypto entrepreneurs to launch their businesses. In a space of three years, Estonia licensed more than 1,400 entities, but as part of…

Paysera, a Lithuanian payment processor with a dominant presence in the Baltics, has raised its authorised capital from EUR 3 million up to EUR 7 million. The capital was raised from the accumulated profit. Vytenis Morkūnas “Paysera has become a well-known financial partner in the Baltic region and Central Europe, and also beyond the European borders. Its…