Lithuania offers a friendly and regulated legal environment for virtual asset service provider (VASP) companies, with clear regulations in place since January 2020. Our on-site lawyers and AML compliance professionals provide structured solutions for crypto exchange and wallet licenses setup. The company and license setup can be completed fully remotely, without travel.
Vilnius, the capital of Lithuania, is a well known fintech capital in Europe and is also receiving more attention for its regulations for crypto exchange services licensing. In comparison to its neighbouring destination Estonia, Lithuanian regulations can be viewed as more flexible in terms of the setup and come at lower on-going cost as there is no specific requirement for on-site compliance personnel. Our extensive experience since the birth of the European Union crypto legislation can be at your disposal if you like to work with professionals.