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Lithuania Reins In Crypto Registrations After Boom Exposed Risks

Lithuania, which saw registration of crypto companies soar almost fivefold last year, is reining in the growth of digital-asset service providers to address transparency issues and money-laundering risks. 

The Registry Office in Vilnius released a list of 206 crypto companies Thursday that pass a set of stricter regulatory requirements imposed last November. Regulators winnowed down a list of 850 companies after imposing the new rules, according to the Finance Ministry. 

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