🇱🇹 Lithuania

Lithuania has become one of Europe's leading crypto-friendly jurisdictions, with the Bank of Lithuania overseeing a large number of registered VASPs. Lithuania hosts more licensed crypto and e-money companies than most EU countries.

Overview

Statuscrypto_friendly
Risk Score20/100 (Low Risk)
Regioneurope
CurrencyEUR
Adoption Rank#23

Tax

Capital Gains (Personal)15% personal income tax on crypto gains (20% above EUR 120,000)
Capital Gains (Corporate)15% standard corporate tax; 5% for small companies
VAT on CryptoNo
Staking TaxTaxed as capital income at 15%
Airdrop TaxTaxed as income at 15% upon receipt

Lithuania taxes crypto gains at 15% personal income tax (20% on gains above EUR 120,000). The 15% corporate rate and 5% small company rate are competitive. Lithuania has attracted hundreds of fintech and crypto companies.

Licensing

RequiredYes
RegulatorBank of Lithuania
FrameworkMarkets in Crypto-Assets Regulation (MiCA); Lithuanian AML Law; E-Money and Payment Institutions Law
Easemedium
Cost$15,000 - $150,000

The Bank of Lithuania has been one of the most active EU VASP registrars, licensing hundreds of crypto companies. Lithuania introduced a Specialized Bank license with reduced capital requirements. The regulatory sandbox (LBChain) supports blockchain innovation. With MiCA, existing VASPs transition to CASP authorization.

DeFi

Status: regulated

Under MiCA, DeFi with identifiable operators requires CASP authorization. Bank of Lithuania follows ESMA guidance. Lithuania's fintech ecosystem includes DeFi-adjacent companies.

Stablecoins

Status: specific_framework

MiCA stablecoin framework applies. Bank of Lithuania oversees EMT and ART authorization. Several e-money token projects operate from Lithuania.

NFTs

Status: Unclear

MiCA excludes unique NFTs. Bank of Lithuania follows ESMA classification guidance.

Mining

LegalYes
Electricity$0.14/kWh
Renewable30%
Infrastructuregood

Mining is legal with moderate electricity costs and a good infrastructure environment. Renewable energy accounts for about 30% of electricity generation.

Geopolitics

Stabilitystable
SanctionsNo
Corruption Index60/100
Banking Accessopen

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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