【BlockBeats】The Bank of Lithuania recently issued a not-so-mild notice — all crypto service providers operating in the country must obtain a license by December 31, 2025, with no extensions.
This is not a suggestion or a reference opinion, but a mandatory regulatory requirement. The central bank previously provided a transition period for everyone to apply for licenses gradually, but that grace period is also coming to an end. Any platform that has not yet obtained a license — whether an exchange, wallet service, or other crypto-related business — will be considered illegal by the end of the year and face penalties.
Lithuania is very firm on this stance, strictly implementing European regulatory rules. So, if your crypto services involve this Baltic country, you need to start the compliance process now. Otherwise, when the end of next year approaches and time becomes tight, it will be too late to remedy. The overall regulatory trend across the EU is like this — more and more countries are tightening requirements for the crypto industry, and Lithuania is just the first to take action.
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metaverse_hermit
· 10h ago
Damn, another country is about to get serious. The EU is really tightening the net one by one.
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GasFeeBeggar
· 10h ago
Another hard deadline is coming. If you are not compliant by the end of 2025, you will be directly banned. Lithuania is serious this time.
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Is the EU trying to push crypto out of illegal business? One hard deadline after another.
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Get your licenses done before the end of next year, everyone, or it will really be too late.
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The notification from the Bank of Lithuania is quite impactful. Small platforms probably need to hurry up.
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It's another EU crackdown. It feels like crypto is having less and less room to survive in Europe.
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Compliance really can't be delayed. We need to start taking action now.
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Now those platforms still on the fence should be panicking. Over half a year to get licenses is a lot of pressure.
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tokenomics_truther
· 10h ago
Here comes the hard deadline again. The EU is determined to choke crypto to death.
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As for compliance... honestly, it's a game for big platforms. Small projects are forced out.
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If it's not sorted out by the end of 2025? My friend, this wave might be over.
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Led by Lithuania, will other European countries be far behind? The domino effect is unfolding.
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By the way, are there really projects operating in Lithuania? Is such a small market worth the trouble?
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Regulations are tightening, but token prices are still soaring. Isn't that ironic?
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Wait, is this really about driving people out or about regulating the market? It seems Europe itself hasn't figured it out.
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The deadline is at the end of next year. Those who haven't acted yet are probably betting they won't really ban it.
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RiddleMaster
· 10h ago
The year-end deadline is coming again. This time, it's serious. If you don't get the certificate, just wait to be embargoed.
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CodeZeroBasis
· 11h ago
Another deadline is coming, this time Lithuania. The EU is really tightening the screws.
Compliance costs are rising again, making life increasingly difficult for small platforms.
If they don't get it done by the end of the year, they can expect to be banned. There's no room for negotiation this time.
Instead of waiting to die, it's better to take action now. After all, we have to get through this sooner or later.
The EU's combined approach is quite aggressive. It seems Web3 will be more and more regulated to death.
Lithuania is so eager; will other countries follow suit? It feels like next year will be even more chaotic.
Honestly, it's still capital that needs to comply. Retail investors should be careful not to get caught.
It’s only now that I realize how difficult it is to operate across multiple countries. Regulation is truly the enemy of crypto.
Lithuanian Central Bank issues a hard deadline: crypto services without authorization by the end of 2025 will be embargoed
【BlockBeats】The Bank of Lithuania recently issued a not-so-mild notice — all crypto service providers operating in the country must obtain a license by December 31, 2025, with no extensions.
This is not a suggestion or a reference opinion, but a mandatory regulatory requirement. The central bank previously provided a transition period for everyone to apply for licenses gradually, but that grace period is also coming to an end. Any platform that has not yet obtained a license — whether an exchange, wallet service, or other crypto-related business — will be considered illegal by the end of the year and face penalties.
Lithuania is very firm on this stance, strictly implementing European regulatory rules. So, if your crypto services involve this Baltic country, you need to start the compliance process now. Otherwise, when the end of next year approaches and time becomes tight, it will be too late to remedy. The overall regulatory trend across the EU is like this — more and more countries are tightening requirements for the crypto industry, and Lithuania is just the first to take action.