Overview
- From January 1, 2026, providers operating without MiCA authorization in Lithuania will be in breach of the law with no grace period.
- Authorities outlined penalties that include fines, public warnings, website blocking, forced shutdowns, and possible prison terms of up to four years.
- The Bank of Lithuania has urged non‑applicants to wind down by December 31 and to give customers clear withdrawal and transfer instructions, including custodian options.
- The registry lists over 370 crypto firms, about 120 are active, and roughly 30 had applied for MiCA licenses by mid‑July, leaving many exposed to enforcement.
- Supervisors say enforcement will cover entities still onboarding users or holding accounts or custody, positioning Lithuania as a strict gateway for MiCA‑compliant operations.