Bookmark EconoTimes
EconoTimes
Digital Currency
Friday, Jul 29, 2016 as of 8:12 AM UTC
EconoTimes

Digital Currency Revolution

FXTraBox

Digital Currency

The Bitcoin Conference 2016 To Be Held In Lithuania On April 8
Monday, January 4, 2016 5:25 AM UTC

The year 2015 has been quite spectacular for cryptocurrency ecosystem and 2016 is widely expected to be much more promising.

The new year has brought some good news for the digital currency space – originating from Lithuania. According to a recently published report on The Baltic-Review, Marius Skarupskas, Vice-Minister of Economy of the Republic of Lithuania, has said that the country has “serious intentions” to invest into blockchain, cryptocurrencies.

“We think that technologies such as blockchain, cryptocurrency, and bitcoin are among the latest and most exciting financial innovations. Lithuania and Vilnius have serious intentions to invest into breakthrough in this area and to become a leader on the regional and global scale”, Skarupskas said.

Lithuania in general and Vilnius in particular are becoming a center for international financial innovation, he said.

On April 8, 2016, venture capital fund Nextury Venture, in association with Vilnius City Municipality, will be holding a conference “The Bitcoin Conference 2016”, the largest cryptocurrency conference in the Baltic States. The conference is expected to be attended by officials, businessmen, investors and start-ups from all over the world and will feature insights from US investors, experts, practitioners, start-ups and officials.

“We want to take a step further and to become a regional innovator in the field of young financial businesses, known as FinTech all over the globe. The conference, scheduled to take place in April in Vilnius, will provide an excellent opportunity to find out about the latest financial innovations and with the assistance of professionals, scrutinize the possibilities that bitcoin has to offer”, The Baltic-Review quoted Remigijus Šimašius, Mayor of Vilnius City.

According to Global Finance, the international business and financial markets magazine, Lithuania is one the most innovative countries in the field of online banking, The Baltic-Review reported.

TO GET STORIES IN REAL-TIME, SUBSCRIBE OR SIGN IN
Subscribe Now
© EconoTimes 2015. All rights reserved. The EconoTimes content received through this service is the intellectual property of EconoTimes or its third party suppliers. Republication or redistribution of content provided by EconoTimes is expressly prohibited without the prior written consent of EconoTimes, except for personal and non-commercial use. Neither EconoTimes nor its third party suppliers shall be liable for any errors, omissions or delays in content, or for any actions taken in reliance thereon.

Upcoming Economic Calendar Sunday, Jul 31

GMT
Time left
Event
Period
Actual
Forecast
Previous
19:30 Released MX Fiscal Balance (Pesos)* Jun -189.35 bln MXN -104.33 bln MXN
14:00 Released US U Mich Conditions Final Jul 109.0 bln $ 109.0 bln $ 108.7 bln $
23:00 2016-07-31T23:00:00+00:00941m KR Current Account Balance* Jun 8.12 bln $
00:00 2016-08-01T00:00:00+00:001001m RU Markit Mfg PMI Jul 51.5 %
00:00 2016-08-01T00:00:00+00:001001m KR Export Growth Prelim* Jul -4.6 % -2.7 %
00:00 2016-08-01T00:00:00+00:001001m KR Import Growth Prelim* Jul -9.5 % -7.7 %
00:00 2016-08-01T00:00:00+00:001001m KR Trade Balance Prelim* Jul 11.50 bln $
00:30 2016-08-01T00:30:00+00:001031m AU MI Inflation Gauge Jul 0.6 %
01:00 2016-08-01T01:00:00+00:001061m AU HIA New Home Sales m/m Jun -4.4 %
01:00 2016-08-01T01:00:00+00:001061m CN NBS Manufacturing PMI* Jul 50.0 bln $ 50.0 bln $
Contributors
FxTrabox
Top ▲
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.