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, and we build both into the application from the outset.
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
Our Regulatory & Licensing practice prepares the applications for these routes and manages them through to the regulator's decision.
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. We deliver each to the requirements that apply locally, coordinating local specialists where local law, registration, representation or professional requirements require it.
Support
Insights
Regulatory update
With MiCA's transitional periods over, the question for CASPs serving EU clients is whether their operating model matches the services they were authorised to provide.
6 min read
We look at your product, target clients and banking needs to see whether this jurisdiction fits or another would serve you better, then send a written proposal with scope, timetable and fee.
