Crypto License in Lithuania

Obtain a Lithuanian Crypto License Under the EU MiCA Framework in 2026

Lithuania is one of the most attractive and transparent jurisdictions in the European Union for crypto businesses. With a well-regulated framework, strong fintech support, and clear alignment with EU MiCA (Markets in Crypto-Assets) Regulation, obtaining a Lithuanian crypto license ensures companies can operate legally, build institutional trust, and access European banking infrastructure. Once authorized, companies can passport their services across the European Economic Area (EEA).

Benefits for clients:

• Legal authorization for crypto exchanges, wallets, custody services, and token issuance
• Access to European banking and payment infrastructure
• MiCA-compliant AML/KYC and risk management frameworks
• Investor and partner confidence
• Flexible corporate structuring suitable for startups and institutional projects

Regulatory Authority and Legal Framework

Crypto businesses in Lithuania are regulated by the Bank of Lithuania, which supervises registration and authorization of Crypto-Asset Service Providers (CASPs). Licensed companies must comply with:

• EU MiCA regulations
• AML/CFT rules (anti-money laundering / counter-terrorist financing)
• FATF recommendations
• Local corporate governance requirements

Lithuania emphasizes operational substance, robust governance, and risk management for all licensed operators.

Types of Crypto Activities

Lithuanian licenses cover the following MiCA-aligned activities:

• Crypto-asset exchange services
• Custody and wallet services
• Execution of client orders
• Transfer of crypto-assets
• Placement of crypto-assets
• Advisory services for crypto-assets

The license type determines regulatory capital, reporting obligations, and compliance measures.

Key Requirements (2026)

1. Share Capital

• Advisory services: €50,000
• Custody or exchange services: €125,000
• Trading platforms: €150,000+

Additional reserves may be required depending on operational volume and risk exposure.

2. Management and Governance

• Qualified directors and compliance officers
• Clear operational hierarchy
• Risk management and internal audit procedures
• Functional presence in Lithuania

3. AML / Compliance

• Client due diligence (KYC)
• Transaction monitoring
• Internal compliance policies aligned with EU standards

4. IT & Cybersecurity

• Secure wallet and custody infrastructure
• GDPR-compliant data protection
• Cybersecurity protocols and incident reporting systems

Company Formation Requirements

Before applying for a CASP license, a legal entity (UAB – private limited company) must be established.

Key features:

• 100% foreign ownership permitted
• Minimum share capital: €50,000
• Fast incorporation: 5–10 business days
• MiCA-compliant corporate governance
• Transparent ownership and reporting

Licensing Timeline

Typical steps for obtaining a Lithuanian crypto license:

1. Company formation in Lithuania
2. Preparation of licensing documentation
3. Capital allocation
4. Submission to the Bank of Lithuania
5. Regulatory review and feedback

Estimated total timeline: 3–6 months, depending on readiness and documentation quality.

Estimated Costs

Approximate first-year costs:

• Government and registration fees: €5,000–€10,000
• Legal and compliance structuring: €15,000–€35,000
• Initial capital: €50,000–€150,000
• Operational expenses (office, audit, reporting): €20,000–€50,000

Total first-year budget: €90,000–€250,000+, depending on license type and operational scale.

Banking and Payment Integration

A Lithuanian CASP license increases credibility with:

• EU banks and crypto-friendly PSPs
• Stablecoin settlement partners
• European payment infrastructure

Banking approval depends on:

• Transparent ownership and UBO disclosure
• Verified source of funds
• Strong compliance and risk management
• Functional operational substance

Proper structuring significantly increases the chances of successful banking relationships.

Ongoing Compliance Obligations

Licensed CASPs must:

• Maintain active AML/KYC monitoring
• Appoint compliance and AML officers
• Submit regulatory reports on time
• Pay annual supervisory fees
• Conduct audits as required

Non-compliance may result in fines, license suspension, or revocation.

Lithuania CASP vs Other EU Jurisdictions

Lithuania (Bank of Lithuania / CASP)

• Regulation: MiCA-compliant
• Cost: medium
• Reputation: high in EU and globally
• Best for: exchanges, custody providers, token issuers, institutional projects

Other EU jurisdictions:

• Finland: strong MiCA alignment, institutional credibility
• Malta: higher cost, MiCA-compliant, strong EU reputation
• Poland: established fintech ecosystem, fast approvals

Why Choose Lithuania? / Advantages

Compared to Finland, Malta, or Poland, Lithuania offers fast licensing approval, a strong fintech ecosystem, and clear MiCA alignment, making it ideal for startups and institutional crypto businesses seeking scalable EU operations.

Advantages of a Lithuanian Crypto License:

• EU passporting rights under MiCA
• Transparent regulatory framework
• Strong fintech ecosystem
• Access to European banking and payment infrastructure
• Regulatory credibility for investors and partners

Lithuania is ideal for crypto exchanges, custodians, token issuance platforms, and fintech companies seeking compliance-driven EU expansion.

FAQ — Crypto License in Lithuania 2026

How long does it take to get a license?

3–6 months depending on preparation and regulatory review.

What is the minimum capital?

From €50,000 for advisory to €150,000+ for trading platforms.

Is local presence required?

Yes, functional management and decision-making in Lithuania are expected.

Can the license be used across the EU?

Yes, once authorized, the license allows passporting throughout the EEA.

Can a Lithuania crypto license operate globally?

While primarily covering EEA countries, it enhances credibility with international partners and banks, facilitating cross-border operations.

What ongoing reporting is required after licensing?

Licensed companies must maintain AML/KYC compliance, internal audits, transaction monitoring, cybersecurity, and regular filings with the Bank of Lithuania.