US financial services company Robinhood has opened its first European cryptocurrency trading hub in Lithuania, investment promotion agency Invest Lithuania announced, BNS reports. The new Lithuanian-registered entity, Robinhood Europe, will offer crypto asset custody, administration, transfer, receipt, and transmission services in the European Economic Area. The Bank of Lithuania issued Robinhood an investment firm license…
A court in Estonia has found two Moldovan nationals guilty of an arson attack against a Ukrainian restaurant in Tallinn in January 2025, ERR reports. The two men were arrested in Italy in February 2025. One of the defendants told prosecutors that he was tasked by persons connected to Russian military intelligence (GRU) to firebomb…
Four people have been arrested in Estonia on suspicion of large-scale health care fraud in the US, ERR reports, citing The Washington Post. The case involves nearly two dozen suspects from Estonia, Kazakhstan, and Russia. The group allegedly submitted fraudulent Medicare health insurance claims totalling around EUR 8.5bn for medical devices that were never delivered…
Some internet domains used by Russia to meddle in the upcoming US presidential elections were purchased using the Lithuanian cryptocurrency payment platform, CoinGate, according to the US Federal Bureau of Investigation (FBI), BNS reports. CoinGate is owned by Vilnius-based Decentralized (former Virtualios Valiutos), which established a subsidiary, CoinGate, in the US in 2021. Some of…
The Lithuanian parliament, the Seimas, has approved legislation tightening the supervision of virtual currency companies, BNS reports. Under the amendments, crypto asset companies will have to obtain licences from the Bank of Lithuania. The amendments implement the European Regulation on Markets in Crypto-Assets (MiCA). Market participants have until June 2025 to be licensed. The central…