RE: ...from the actual horse's mouth.29 Jan 2026 15:14
🔔 Update on MiCA Transition and Next Steps
As the MiCA transitional period in Lithuania concludes on 31 December 2025, we would like to share an update on our regulatory setup and the next steps for our platform.
GS Fintech has been actively participating in the MiCA transition process alongside many other crypto-asset service providers across the EU. Lithuania's pre-MiCA VASP registration regime has now been replaced by Regulation (EU) 2023/1114 (MiCA), as implemented through the Law on Crypto-Asset Markets. As a result, the regulatory framework governing crypto platforms is currently being updated.
We have been invited to continue our MiCA application process with the Bank of Lithuania in Q1 2026, and we intend to do so, incorporating further regulatory feedback as part of this next phase.
In parallel, and to ensure continuity of service during this administrative transition, our platform will operate under the VASP-registered entity FINFERNO Spółka z ograniczoną odpowiedzialnością in Poland. As part of this change, your account jurisdiction and applicable terms may be updated accordingly.
This is a back-office regulatory alignment to ensure continuity of service and has no impact on how you use the platform.
What this means for you
✅ Your access to the platform continues as normal
✅ Your assets remain fully accessible
✅ No action is required from you
✅ Customer support and all core services remain unchanged
✅ Your account's legal jurisdiction and terms may be updated automatically as part of this transition
We remain committed to operating within robust regulatory frameworks and to keeping our customers informed as we progress.
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