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Lithuania Sends a Message – We Continue to Want to Remain the European Financial Technology Hub - Verslo žInios

Summary by vz.lt
The first half of this year was unusually active in the fintech market. Various financial institutions, virtual asset service providers and foreign investors worked hard to obtain a license for crypto asset service providers. However, due to the requirements specified in the (EU) 2023/1114 MiCA Regulation and the requirements set by the Bank of Lithuania, the majority of applicants faced various difficulties in obtaining a license.
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The first half of this year was unusually active in the fintech market. Various financial institutions, virtual asset service providers and foreign investors worked hard to obtain a license for crypto asset service providers. However, due to the requirements specified in the (EU) 2023/1114 MiCA Regulation and the requirements set by the Bank of Lithuania, the majority of applicants faced various difficulties in obtaining a license.

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vz.lt broke the news in on Monday, June 2, 2025.
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