Lithuania and Ukraine’s central banks have signed an agreement to exchange experiences in FinTech regulation and supervision

Lithuania and Ukraine’s central banks have signed an agreement to exchange experiences in FinTech regulation and supervision, and explore joint innovation projects in such technologies as digital and mobile payments, blockchain, distributed ledgers, and big data. Yakiv Smolii, National Bank of Ukraine governor, says: “I am confident that the Bank of Lithuania will achieve its strategic goal and become the main FinTech hub in the Nordic and Baltic region…we will be glad to take on the successful experience of our Lithuanian colleagues. In turn, one of the strategic goals of the National Bank is to achieve greater financial inclusiveness of Ukrainian society.”