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Bank of Lithuania Announces December 31 Deadline for Crypto License Applications

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Source link : https://europ.info/2025/12/29/bank-of-lithuania-announces-december-31-deadline-for-crypto-license-applications/

The Bank of Lithuania has announced a firm deadline of December 31 for cryptocurrency firms to obtain official operating licenses, signaling intensified regulatory oversight in the rapidly evolving digital asset sector. This move aims to enhance consumer protection and ensure market integrity amid growing interest and activity in crypto trading and services across the country. Firms failing to secure a license by the end of the year will face enforcement actions, underscoring the central bank’s commitment to a transparent and compliant crypto ecosystem.

Bank of Lithuania Enforces Year-End Deadline for Crypto License Applications

The Bank of Lithuania has announced a firm deadline for cryptocurrency enterprises seeking operational licenses within the jurisdiction. All applications must be formally submitted by December 31, 2024, signaling the regulator’s endeavor to structure and oversee the rapidly evolving crypto sector. Businesses aiming to continue their activities beyond…

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Author : Samuel Brown

Publish date : 2025-12-29 16:24:00

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