Lithuania's crypto industry is facing an unprecedented regulatory storm. January 1, 2026, is like a death sentence for hundreds of local crypto companies.
The central bank's rules are clear — by that date, all crypto service providers without an EU MiCA license will be treated as illegal. The consequences of violations are quite severe: hefty fines, website closures, and responsible individuals could face up to four years in prison. The central bank has even proactively issued notices to companies that do not plan to continue, urging them to "exit in an orderly manner" ahead of time.
The data is staggering. Currently, Lithuania has over 370 registered crypto companies, but fewer than 30 have submitted license applications. In other words, more than 90% of these companies may be completely out of the market next year. This is not just Lithuania's story; it actually reflects a global shift in the crypto industry — from rapid, unregulated growth to a thorough compliance cleanup. In plain terms, only those with a compliant license will have a chance to survive.
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GreenCandleCollector
· 7h ago
90% exit directly? This round of cleansing is pretty harsh. It seems that without a license, it's really a dead end.
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FallingLeaf
· 10h ago
90% exit? That's what they call a reshuffle, too ruthless
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Wait, only 30 companies submitted? Are the others really going to be out?
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MiCA license has become a life-or-death sign, compliance is the way to go, everyone
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What are those not applying for licenses gambling on? Aren't you waking up now?
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Four years in prison, are they really going to sentence like that? It seems Europe is serious this time
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The previous logic of wild growth is outdated now, can't play that way anymore
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Lithuania is just the beginning, other places will only be stricter
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BlockImposter
· 10h ago
Hmm... 90% of companies are out? Lithuania is really ruthless this time, it feels like a harvest of chives, but this time it's the government doing the harvesting.
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WenMoon
· 11h ago
Damn, 90% of projects are doomed... This is the reality, compliance has truly become the only way out.
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EternalMiner
· 11h ago
90% exit? Time for a reshuffle...
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MiCA is really about to fall into place, Lithuania is the vanguard.
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Only 30 applications? Are others truly out of funds or just not interested in surviving?
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Four years in prison, now founders need to consider if it's worth it.
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Compliance licenses are the new entry passes; if you can't get one, you're truly out of luck.
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January 2026 is not far off, and many projects should start preparing their "run away" plans haha.
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The era of wild growth is truly over; now it's all about who can adapt to the new rules.
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Out of 370 companies, only 30 remain—this is a major cleanup.
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The EU really has no way out this time; they must keep up.
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RetroHodler91
· 11h ago
Wow, 90% are eliminated directly? Lithuania's move is really ruthless, just cleaning out as soon as they say cleaning...
Lithuania's crypto industry is facing an unprecedented regulatory storm. January 1, 2026, is like a death sentence for hundreds of local crypto companies.
The central bank's rules are clear — by that date, all crypto service providers without an EU MiCA license will be treated as illegal. The consequences of violations are quite severe: hefty fines, website closures, and responsible individuals could face up to four years in prison. The central bank has even proactively issued notices to companies that do not plan to continue, urging them to "exit in an orderly manner" ahead of time.
The data is staggering. Currently, Lithuania has over 370 registered crypto companies, but fewer than 30 have submitted license applications. In other words, more than 90% of these companies may be completely out of the market next year. This is not just Lithuania's story; it actually reflects a global shift in the crypto industry — from rapid, unregulated growth to a thorough compliance cleanup. In plain terms, only those with a compliant license will have a chance to survive.