CASP License Lithuania: Everything You Need to Know

Get MiCA-Compliant & Strengthen Your Crypto Compliance with Scorechain

Lithuania has emerged as a leading hub for crypto businesses in Europe, offering a streamlined regulatory framework and fast-track licensing process. With the introduction of the Markets in Crypto-Assets (MiCA) regulation, all crypto service providers must obtain a CASP (Crypto-Asset Service Provider) license to continue operating legally in Lithuania and across the EU.

With compliance deadlines approaching, crypto businesses must act now to secure their CASP license and ensure full regulatory compliance. At Scorechain, we provide blockchain analytics, risk monitoring, and AML compliance tools to help CASPs meet MiCA requirements effortlessly.

📅 CASP License Timeline in Lithuania

To operate legally under MiCA, businesses must obtain a CASP license before the transition period ends:

📌 December 30, 2024 – MiCA regulations officially take effect.
📌 2025 TBD – Final deadline to submit CASP license applications (exact date subject to confirmation).

🔹 Avoid regulatory penalties—integrate Scorechain’s compliance solutions now!

🔍 What is a CASP License in Lithuania?

A Crypto-Asset Service Provider (CASP) license allows businesses to offer regulated crypto services under the EU MiCA framework. Any company providing crypto-related services in Lithuania must transition from the current VASP (Virtual Asset Service Provider) license to a CASP license before the MiCA deadline.

✅ CASP-Regulated Crypto Services Include:

Crypto Custody & Wallet Services
Crypto Trading & Exchange Platforms
Fiat-to-Crypto & Crypto-to-Crypto Transactions
Execution of Orders on Behalf of Clients
Crypto Transfer & Payment Services
Investment Advice & Portfolio Management for Crypto Assets

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🛡️ MiCA & CASP License Compliance Requirements in Lithuania

To obtain a CASP license in Lithuania, businesses must meet specific regulatory requirements, including:

✔ Registration with the Lithuanian Financial Crime Investigation Service (FCIS)
✔ Establish a local presence (at least one board member must be an EU resident)
✔ Meet minimum capital requirements (€125,000–€150,000 depending on services offered)
✔ Implement strong AML (Anti-Money Laundering) & KYC (Know Your Customer) policies
✔ Ensure compliance with FATF Travel Rule & real-time crypto transaction monitoring

🔎 How Scorechain Helps:
With Scorechain’s advanced blockchain analytics, your business can monitor transactions, detect illicit activity, and generate real-time compliance reports, ensuring full MiCA and AML compliance.

🚀 How Scorechain Supports CASP Compliance in Lithuania

At Scorechain, we simplify MiCA compliance with our industry-leading crypto risk monitoring tools:

🔗 1. Automated Crypto Transaction Tracking

Real-time risk scoring for crypto transactions
Detection of suspicious wallet activities
Compliance with EU AML & CFT regulations

🛡️ 2. FATF Travel Rule Compliance

Automate sender & receiver identity verification
Ensure secure VASP-to-VASP data exchange
Reduce compliance risks with instant alerts

📊 3. Blockchain Risk Analytics & KYT (Know Your Transaction)

Monitor on-chain activity for regulatory reporting
Flag high-risk transactions linked to darknet markets, fraud, and sanctions
Generate audit-ready compliance reports in minutes

⚖️ 4. Sanctions & Blacklist Monitoring

Block transactions from sanctioned wallets & high-risk addresses
Detect illicit financial activity before it escalates
Ensure full transparency & regulatory compliance

🌍 Why Get Your CASP License in Lithuania?

📍 EU Passporting Benefits – Operate legally across all 27 EU countries
📍 Crypto-Friendly Business Environment – Lithuania is a key European hub for blockchain and fintech innovation
📍 Faster Licensing Process – Compared to other EU jurisdictions, Lithuania offers a quicker and more efficient CASP licensing process

🚀 Ready to become a fully compliant CASP? Let Scorechain handle your compliance challenges!

📢 Secure Your CASP License & MiCA Compliance with Scorechain

With 150+ financial institutions & crypto businesses trusting Scorechain, our solutions provide everything you need for a MiCA-compliant CASP license in Lithuania.

🔗 Book a Demo

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