Regulation · Lithuania
Crypto regulation in Lithuania
Last updated: 2 May 2026
At a glance
- MiCA applicable: ✓ Yes (since 2024-12-30)
- Competent authority: Lietuvos bankas (LB)
- Capital-gains rate: 15% (up to €20,000 / year), 20% above
- Tax filing: VMI Form GPM 308
- Position: Europe’s biggest EMI hub — Crypto.com EU, Wirex, and many other e-money operators are registered in Lithuania
1. Lietuvos bankas — a dual role
The Bank of Lithuania (Lietuvos bankas, LB) is both the central bank and the main financial supervisor. It runs:
- MiCA CASP licensing
- EMI (e-money institution) licensing — Lithuania has become the most popular EMI jurisdiction in the EU
- AML supervision
Public registries: lb.lt/en/sfi-financial-market-participants.
2. Lithuania as an EMI hub
After Brexit, Lithuania has become the EU’s most popular e-money institution (EMI) jurisdiction. Many global crypto operators base their EU operations here:
- Crypto.com EU (Foris DAX MT) — EMI licence in Lithuania for card services (see the CASP registry)
- Wirex — EMI licence in Lithuania after UK migration (Brexit)
- Revolut — LT EMI base for many of its services
That means Latvian, Lithuanian, and other Baltic users in practice “use LT” crypto services even when they don’t directly realise it — through the EMI passport mechanism.
3. MiCA transition period
Lithuania applies the standard EU MiCA transition period until 2026-07-01. The LB is actively reviewing applications from LT-based operators.
Important: An EMI licence and a MiCA CASP licence are two separate regulatory regimes. An operator that offers both a crypto card (EMI) and crypto custody (CASP) needs both. Today many hold an EMI, while MiCA CASP licence applications are still pending.
4. Taxes — VMI
4.1. Capital-gains rate
Lithuania uses a progressive scale:
- Up to €20,000 / year — 15%
- Above €20,000 / year — 20%
The first €500 of capital gains in a year is tax-free (smaller than Latvia’s €10,000, but still something).
4.2. Filing
VMI (Valstybinė mokesčių inspekcija) Form GPM 308 is used for capital-gains filing. The deadline is 1 May for the previous calendar year.
5. CASPs in Lithuania
See our CASP registry. Available to Lithuanian consumers via passporting:
- Coinmotion, Northcrypto (FIN-FSA, Finland)
- Bitpanda (BaFin/FMA, Austria)
- Bitstamp Europe (CSSF, Luxembourg)
Disclaimer
This is a general informational overview, not legal or tax advice. For specific questions, consult a licensed Lithuanian lawyer or accountant.