Lithuania to go after unlicensed crypto firms starting January 1
Crypto service providers in Lithuania must obtain a license by December 31 or face consequences, the country’s central bank has warned.
Any platform failing to do so this year will soon find itself operating outside the law in the Baltic state, which is now serious about enforcing European rules.
Lithuania sets deadline for crypto companies’ compliance with MiCA
All entities providing crypto-related services in Lithuania are obliged to have a license, and the monetary authority in Vilnius has urged them not to wait until the very last moment to apply for one.
A transitional period, allowing businesses active in the space, such as cryptocurrency exchange and wallet operators, to secure the necessary authorization, expires at…
