2025-12-26 03:56:10

The Bank of Lithuania recently issued a notice with a clear timetable for domestic crypto asset service providers: all platforms must complete license applications and obtain approval by December 31, otherwise they will be deemed illegal operations and face corresponding penalties.

Behind this policy is the gradual implementation of the EU MiCA framework across member states. The transition period previously set for exchanges and wallet platforms was originally scheduled to end in late 2025 — but time is running out.

The central bank's stance is very clear: from January 1 next year, any crypto service providers without MiCA authorization will lose their legal operating status. This not only affects the platforms themselves but also has chain reactions on users, trading liquidity, and the entire regional crypto ecosystem. Industry insiders generally believe that this wave of regulation will ultimately promote a more standardized industry — of course, in the short term, many small and medium platforms will face the risk of exit.

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FlashLoanPhantom

· 2h ago

Another wave of regulation to cut leeks, Lithuania's approach is really clever. Small and medium platforms are crying in the toilet, big players have already migrated. MiCA's regulations are really tough, but... compliance is the only way to survive long-term. Waiting for a major platform reshuffle before the end of the year, who survives and who doesn't will be decided in these two months. Europe is becoming more and more strict, are we still okay?

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rugdoc.eth

· 2h ago

Lithuania's move is really harsh; if you don't obtain MiCA authorization before the end of the year, you have to exit. Small and medium platforms are probably going to cry. That's how MiCA works; all of Europe has to obey, and the cost of regulation is the elimination of small players. If you can't get a license before December 31... this deadline is really unforgiving. The regulatory hammer has fallen; the industry needs to reshuffle, and only the top platforms will survive. Wait, how big will the impact on user liquidity be? What about users of small platforms? They say it's regulation, but it's really a game of big fish eating small fish. The EU's move is indeed ruthless; once MiCA is out, no one can escape.

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GateUser-6bc33122

· 2h ago

Lithuania's move is ruthless. If they can't get the license before the end of the year, they'll cut straight through. Small exchanges need to hurry up.

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FloorPriceWatcher

· 2h ago

Here comes the schedule again; Lithuania's recent moves are indeed aggressive. If they can't get the license by the end of December, they'll be out of business, and small to medium exchanges are really going to suffer. Standardization sounds good, but the liquidity loss will probably take several months to recover. MiCA will eventually be rolled out across all of Europe. Platforms that are still on the fence should really start paying attention now. Mainly, users will be affected, and switching exchanges is such a hassle.

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MEVEye

· 2h ago

Lithuania is really tough this time, leaving no room for platforms to survive MiCA is coming, small exchanges should be crying The EU's regulatory approach is very determined, but the ecosystem integration period will be very bloody With the regulatory iron fist falling, those without licenses will be kicked out Regulation is a good thing, but it’s too difficult for small and medium platforms Now the European crypto landscape is about to be reshuffled If it’s not done by the end of December, it’s game over; this timetable is too tight

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