Lithuania’s central bank has directed unlicensed crypto firms to wind down by end-2025, aligning with EU MiCA rules to enhance oversight and protect investors.
Lithuania’s central bank announced on Dec. 25 that cryptocurrency exchanges and wallet providers without plans to secure licenses under the EU’s Markets in Crypto-Assets (MiCA) regulation must start winding down operations. The transition period concludes on Dec. 31, 2025, after which serving new clients without a valid license will be prohibited. This directive is part of Lithuania’s efforts to strengthen investor protection and regulatory compliance in line with EU standards.