As reported by HashNews, Lithuania's central bank announced that all crypto asset service providers must obtain a MiCA-regulated CASP license by December 31, 2025, or cease operations. This includes halting new client onboarding, ceasing to hold client assets, and returning funds and crypto assets responsibly. As of July 18, 2025, 30 companies had applied for licenses, with 10 still under review. Over 370 companies have declared crypto service provision to the National Enterprise Register, but only 120 are actively operating and submitting financial reports.
Lithuania's Bank Orders Crypto Service Providers to Obtain License by 2025
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Summary
Lithuania's central bank ordered all crypto asset service providers to secure a MiCA-regulated CASP license by December 31, 2025, or stop operations. This involves halting new client onboarding and returning client assets. As of July 18, 2025, 30 firms had applied, with 10 pending. Over 370 companies listed crypto services, but only 120 remain active. The move affects crypto asset classification and liquidity in crypto markets.
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