According to CoinEdition, Lithuania’s central bank, Lietuvos bankas, has set December 31, 2025, as the final deadline for crypto service providers to obtain licenses under the EU’s MiCA framework. Operators not seeking authorization are required to begin winding down their operations and communicating with clients. Failure to comply may result in criminal penalties, including up to four years in prison. The bank emphasized that unlicensed activities after the deadline will be considered illegal financial services. Currently, 30 companies have applied for licenses, with 10 under assessment.
Lithuania Sets December 31, 2025 Deadline for Crypto Service Providers to Obtain Licenses
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Summary
Lithuania’s central bank has set December 31, 2025, as the final deadline for crypto service providers to secure licenses under the EU Markets in Crypto-Assets Regulation. Firms not seeking authorization must start winding down operations and inform clients. Unlicensed activity after the deadline will be treated as illegal financial services, with possible criminal penalties, including up to four years in prison. The bank also highlighted that compliance supports Countering the Financing of Terrorism efforts. So far, 30 companies have applied, with 10 under review.
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