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🇱🇹 Lithuania

Bank of Lithuania, MiCA CASP

Last verified 2026-07-01 Next review 2026-07-15

Licence type

MiCA Crypto-Asset Service Provider (CASP) authorisation under Title V of Reg (EU) 2023/1114; replaced the national VASP registration. Single passportable licence covering the services applied for.

Verified 2026-07-01 Source: Bank of Lithuania - Authorisation of CASPs: https://www.lb.lt/en/authorisation-of-crypto-asset-service-providers

Regulator

Bank of Lithuania (Lietuvos bankas) - single competent authority. Publicly selective stance: wants few, solid firms rather than the ~370-strong legacy VASP pool.

Verified 2026-07-01 Source: Bank of Lithuania: https://www.lb.lt/en/authorisation-of-crypto-asset-service-providers

Capital requirement 🔒

Timeline to authorisation 🔒

Local substance 🔒

Application cost 🔒

Ongoing cost 🔒

Passporting 🔒

MiCA CASPs approved 🔒

Key restrictions 🔒

Recent changes

Lithuania used a shortened 12-month grandfathering - legacy VASP cover ended 1 Jan 2026 (vs the EU 1 Jul 2026 backstop). First CASP: Robinhood Europe (29 May 2025); only ~4 CASPs authorised by Mar 2026.

Verified 2026-07-01 Source: ESMA grandfathering list (Art. 143(3)): https://www.esma.europa.eu/sites/default/files/2024-12/List_of_MiCA_grandfathering_periods_art._143_3.pdf

Difficulty rating 🔒

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Informational only, not legal advice. Entries marked as placeholder or awaiting verification must not be relied on. Confirm all requirements with Lithuania's regulator and qualified local counsel before acting.