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Crypto Regulation in Lithuania

Crypto Friendly

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.

Region: EuropeCurrency: EURAdoption Rank: #23Risk Score: 20/100

Tax Information

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 Crypto
No
Staking Tax
Taxed as capital income at 15%
Airdrop Tax
Taxed as income at 15% upon receipt
Mining Tax
Taxed as individual business activity or corporate income
Summary
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 & Registration

License Required
Yes
Regulator
Bank of Lithuania (Lietuvos bankas (Bank of Lithuania))
Framework
Markets in Crypto-Assets Regulation (MiCA); Lithuanian AML Law; E-Money and Payment Institutions Law
License Types
Crypto-Asset Service Provider (CASP) Authorization under MiCA, VASP Registration, E-Money Institution License, Specialized Bank License
Estimated Cost (USD)
$15,000 - $150,000
Timeline
3-9 months
Ease of Licensing
Medium
Notes
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.

AML / KYC

KYC Required
Yes
Travel Rule
Yes
FATF Member
No
FATF Status
Compliant
Suspicious Activity Reporting
Yes

Mining

Mining Legal
Yes
Status
Legal
Electricity Cost ($/kWh)
$0.14
Renewable Energy
30%
Climate
Temperate
Infrastructure
Good
Tax on Mining Income
15% standard corporate tax; 5% for small companies

DeFi, Stablecoins & NFTs

DeFi: regulatedStablecoins: specific frameworkNFTs: unclearCBDC: pilot

Soken Services

Legal Opinion
Available | $2,000 - $8,000 | 7 days
Banking
Difficulty: Easy | Crypto-friendly banks: Revolut, Paysera, Bankera
Min. Deposit
$5,000
Fiat Rails
SEPA, SWIFT, SEPA Instant
Card Payments
Visa, Mastercard
Company Registration
$5,000 | 14 days | UAB (Private Limited)
Licensing Support
Available | $15,000 - $50,000

Sources

Bank of Lithuania EU MiCA Regulation
Reviewed: 2026-03-12verified

Frequently Asked Questions

Is crypto legal in Lithuania?
Cryptocurrency is currently classified as "Crypto Friendly" in 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.
What is the crypto tax rate in Lithuania?
In Lithuania, the personal capital gains tax on crypto is 15% personal income tax on crypto gains (20% above EUR 120,000), and the corporate tax rate is 15% standard corporate tax; 5% for small companies. 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.
Do I need a crypto license in Lithuania?
Yes, a crypto license is required in Lithuania. The regulator is Lietuvos bankas (Bank of Lithuania) under Markets in Crypto-Assets Regulation (MiCA); Lithuanian AML Law; E-Money and Payment Institutions Law. Estimated licensing cost: $15,000 - $150,000.
Is crypto mining legal in Lithuania?
Yes, crypto mining is legal in Lithuania. Electricity costs approximately $0.14/kWh. Mining income is taxed at: 15% standard corporate tax; 5% for small companies.
What are the AML/KYC requirements for crypto in Lithuania?
Yes, crypto businesses in Lithuania must comply with KYC (Know Your Customer) requirements. The FATF Travel Rule is implemented. FATF compliance status: compliant.