Core Viewpoint - The Bank of Lithuania warns that domestic crypto asset service providers must obtain licenses by December 31, or they will be considered illegal and face penalties [1] Group 1: Licensing Requirements - Crypto exchanges and wallet platforms have a transitional period for compliance that will expire at the end of 2025 [1] - From January 1, any entity that continues to attract new users, accept crypto assets, or provide services without MiCA authorization will be deemed illegal financial activity [1] Group 2: Penalties for Non-Compliance - Non-compliant entities may face fines, website bans, and potentially up to 4 years of imprisonment [1] - Currently, only about 30 institutions have submitted license applications, while over 370 local crypto service providers are registered, with approximately 120 still actively operating [1]
立陶宛央行：未在年底前获牌的加密服务商将被视为非法运营
Xin Lang Cai Jing·2025-12-26 04:41