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NEWS: Number of cryptocurrency firms registered in Lithuania halves overnight

A view of Gediminas street in Vilnius, Lithuania May 19, 2018. REUTERS/Ints Kalnins/File Photo

BY PAUL O’DONOGHUE, Senior Correspondent

The number of Lithuanian companies registered to provide cryptocurrency services has more than halved ahead of a change in rules.

The drop has been attributed to a rule change which requires companies with the authorization to hold at least €125,000 in capital.

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