Lithuania Sets December 31, 2025 Cutoff for Crypto Service Licensing Compliance

The Bank of Lithuania has set December 31, 2025 as the final date for crypto-asset service providers to obtain licenses, making unlicensed activity illegal afterward. The mandate, which affects more than 120 operating firms and additional entities under review, aligns national rules with the EU’s MiCA framework and introduces penalties including fines, website blocking, and potential imprisonment. Market observers note that this shift is likely to reshape business structures and client communication practices across Lithuania’s crypto sector.