Lithuania offers a friendly and regulated legal environment for virtual asset service (VASP) and crypto-asset service provider (CASP) companies. Our on-site Web3 specialised lawyers and crypto AML compliance professionals provide structured services for MiCA CASP licensing and on-going AML compliance solutions (e.g. MLRO and CCO outsourcing) support.
Lithuanian jurisdiction is a well known fintech hub in Europe with its forward looking crypto regulations. The Markets in Crypto-Assets (MiCA) licensing for CASPs has been approved, with the transition period for VASPs until June 1st 2025 (per developments from April 2025 there is an expectation for an extension to be confirmed in May until Jan 1st 2026). Depending on the project specifics we can support to choose the most optimal approach for a MiCA CASP license application, for example it is possible to structure the setup with a VASP license during to take advantage of the MiCA grandfathering period. Our extensive experience since the birth of the European Union crypto legislation can be at your service if you like to work with professionals.