VILNIUS, July 2025 – Lithuania is transforming its crypto landscape with sweeping regulatory reforms, aiming to become a premier European fintech destination. Leading the charge is Robinhood, which has chosen the country for its first European cryptocurrency trading hub and is currently the only firm to receive a crypto license under Lithuania’s newly enforced regime.
Starting January 1, 2026, only licensed crypto firms will be permitted to operate in Lithuania. Out of approximately 370 entities, most are expected to shut down, ending the “grey zone” era of unregulated crypto activity. Officials estimate no more than 10 licenses will be granted this year, signalling a shift toward quality over quantity.
Robinhood’s entry also marks the debut of tokenized equity trading in Lithuania, though the initiative has sparked scrutiny after companies like OpenAI disavowed associated tokens. The Bank of Lithuania is seeking clarification on the issue.
Authorities are confident that Lithuania’s focus on reputable, globally recognized firms will elevate its status as a secure and transparent fintech hub. With at least five of the world’s top ten crypto companies operating locally, the country is positioning itself as a regulatory leader in the EU.