The World’s Biggest Name in Cryptocurrency is…Lithuania??

July 23, 2018        
By: Steven Anderson

One great thing about the cryptocurrency market, a major advance in mobile payments technology, is that it’s brought a substantial quantity of surprises along with it. Yes, we’ve seen some bizarre new developments, but one of the strangest was a report sent our way about Lithuania’s unexpected primacy in the field.

Yes, Lithuania, that tiny little slice of Eastern Europe, actually leads the world in initial coin offerings (ICOs) per capita. This is actually a strange distinction to have, especially in a field that seems pretty enthusiastic about restricting people’s access to cryptocurrency. Whether it’s Japan’s new push for anti-money laundering efforts or South Korea’s latest bloc of regulations, the…