Europe · LT
The Bank of Lithuania authorises e-money, payment and crypto-asset businesses under EU frameworks, with a well-developed fintech ecosystem.
At a glance
Overview
Lithuania has become one of the principal EU jurisdictions for e-money and payment institutions. The Bank of Lithuania acts as the single financial supervisor, including for crypto-asset service providers under MiCA.
Access to central bank payment infrastructure for licensed institutions has been part of Lithuania's appeal, alongside the ability to passport services across the EEA. Supervisory expectations on AML/CFT and governance have tightened as the sector has grown.
Authorities
Regimes
Issuing e-money and providing payment services, passportable across the EEA.
Sectors: Payments
Providing payment services, passportable across the EEA.
Sectors: Payments
Crypto-asset services authorised by the Bank of Lithuania.
Sectors: Crypto
Applications and regulator engagement for these routes are handled by our Regulatory & Licensing practice.
Considerations
This overview is general information, summarised at a high level. Requirements change and depend on the specific activity; seek advice on your circumstances before acting.
Across jurisdictions
Services we support across the jurisdictions in our directory, described once on their own pages. How each is delivered depends on the local requirements that apply; where local qualification is required, we coordinate locally qualified counsel.
Support
Insights
Regulatory update
With transitional periods over, the question for CASPs serving EU clients is no longer whether to seek authorisation, but whether their operating model matches what they were authorised to do.
6 min read
Share a few details about your business and plans. We will come back to arrange a confidential initial conversation.
