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BTCC / BTCC Square / Global Cryptocurrency /
Lithuania Enforces MiCA Compliance for Crypto Firms by 2026

Lithuania Enforces MiCA Compliance for Crypto Firms by 2026

Author:
Global Cryptocurrency
Published:
2025-12-26 18:57:02
10
1
BTCCSquare news:

The Bank of Lithuania has mandated that all unlicensed cryptocurrency firms cease operations by December 31, 2025, as part of its alignment with the European Union's Markets in Crypto-Assets (MiCA) framework. Full compliance will be required starting January 1, 2026, marking a decisive step toward eliminating unregulated activities in the crypto sector.

With approximately 370 registered VIRTUAL currency businesses, Lithuania's market now faces a clear ultimatum: adapt to MiCA regulations or shut down. The grace period until 2025 provides ample time for firms to restructure their operations. Enhanced investor protection measures will accompany stricter enforcement, including website blocking for non-compliant entities.

The MOVE underscores Europe's broader push for regulatory clarity in digital assets. As Lithuania collaborates with EU regulators, the crackdown on unlicensed operators aims to eradicate market gray areas—potentially setting a precedent for other jurisdictions.

|Square

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