RE: UAB Micar approved in Lithuania2 Mar 2026 14:17
BFD its not me saying how difficult LT is, the whole sectors saying it....Its by far one of the strictest jurisdictions, record amount of VASPS to just 4 CASPS, and lots have left because of how strict it is, not because im saying its tough, just look at the results.
Lithuania's implementation of MiCA (Markets in Crypto-Assets Regulation) has proven extremely tough and rigorous, far from the "easy" or lenient reputation it once had pre-MiCA for crypto registrations. The Bank of Lithuania has enforced strict standards, treating crypto firms more like traditional financial institutions, which has led to massive hurdles, low approval rates, and a sharp contraction in the sector