MiCA - It's a no-go /go-slow in Lithuania29 Nov 2025 11:58
By GROK
MiCA Licenses for Exchanges Registered in LithuaniaLithuania, overseen by the Bank of Lithuania, has issued 1 MiCA license to a crypto exchange as of November 2025. This is held by Robinhood Europe, UAB (a subsidiary of Robinhood Markets, Inc.), granted in June 2025. It authorizes services including crypto-to-fiat exchanges, custody, and trading, passportable across the EU/EEA.Lithuania's implementation of MiCA has been cautious, with a short initial transition period (extended to January 1, 2026, for VASPs). As of September 2025, Robinhood remained the sole recipient, despite over 370 pre-MiCA VASPs registered there (including Binance). No additional exchange-specific approvals have been reported since, though applications are under review. Lithuania's crypto-friendly reputation persists, but stricter MiCA standards (e.g., €125,000 minimum capital for exchanges) have slowed new issuances.