VILNIUS, Nov. 12 (Xinhua) -- Germany's cryptocurrency custody and staking services provider Finoa is setting up an operations hub in Vilnius, Lithuania, the country's investment promotion agency Invest Lithuania said on Wednesday.
"The Lithuanian office will prospectively serve as a strategic hub for multiple entities across the Finoa Group," Invest Lithuania said in a statement quoted by the Baltic News Service (BNS). "The company intends to use this hub to build expertise in operational, compliance, anti-money laundering (AML), and technological fields over time, with plans to expand these functions in the mid to long term," it added.
