We at GBO will assist you to obtain your Crypto license in Lithuania according to the new regulation starting in Nov 2022.
(The last update is from 1.9.2023)
GBO is a corporate services firm specializing in the cryptocurrency industry, offering expertise in areas such as crypto licenses, company formations, and banking services for crypto businesses. We provide a range of corporate services tailored to meet the unique needs of companies operating in the crypto market
Lithuania is one of the most highly advanced countries in the European Union for commerce and finance in crypto currencies. Since the departure of the UK from the EU last year, Lithuania now has the largest number of registered Electronic Money Institutions (EMIs), and outstrips all others in the EU in the range and variety of options for EU companies looking to set up authorized cryptocurrency businesses.
Currently, the EMIs operating from Lithuania can conduct business for customers in all members of the European Economic Area. Licenses are issued and authorized by the Bank of Lithuania (BoL) and have a very good reputation for safety and stability, and customer service, ranking near the top in all of these.
To establish a cryptocurrency exchange that can do business all around the EU, the best option is to create a company in Lithuania, and get the required license from the Bank of Lithuania website.