litecoin foundation

Litecoin’s Charlie Lee Clarifies his Position on Recent Acquisition of Stake in WEG Bank AG
July 18th, 2018

Litecoin founder Charlie Lee provided some details about recent acquisition of Litecoin Foundation, and stated that he expects to receive a board position at the German WEG bank, which will positively influence further adoption of cryptocurrencies in the bank’s operations.

TokenPay Passes Circa 10 Percent Stake in German Bank to Litecoin Foundation for Technical Assistance
July 11th, 2018

The blockchain company is reportedly going to acquire the remaining shares in WEG Bank after getting approval from regulatory bodies in Germany.

Charlie Lee and Litecoin Foundation Apologize After Abrupt Shutdown of LitePay
March 27th, 2018

The LTC-based payments startup was scheduled to start wallet and debit card services last month in February, however, it has failed to further respond to the proceedings.