The Lithuanian central bank has initiated a dialogue between commercial banks and virtual currency traders on their attitudes toward cryptocurrencies. The fintech strategy coordinator at the Bank of Lithuania, Jekaterina Govina said, “It’s necessary that banks speak to those who have carried out an ICO or those who convert cryptocurrencies into conventional money. A dialogue has been established and it remains to be seen where it will lead us.” The Bank of Lithuania has an ambition to become a northern European fintech hub.