Question 1

How long does a CASP license take in Lithuania?

Accepted Answer

Lithuania typical CASP authorization timeline: 3–6 months typical processing time. This covers the NCA review period once the application is declared complete. Preparation time is separate and can be reduced to 4–8 weeks using Micahub.

Question 2

How much does a CASP license cost in Lithuania?

Accepted Answer

Indicative NCA fees in Lithuania: €3,000–€20,000. Total cost includes legal and document preparation, which can be reduced by 60–80% using Micahub's automated application platform. Traditional consulting typically costs €150,000–€500,000.

Question 3

Which regulator oversees CASP licenses in Lithuania?

Accepted Answer

The National Competent Authority for MiCA CASP authorization in Lithuania is Bank of Lithuania (Lietuvos Bankas). Applications are submitted to Bank of Lithuania, which reviews and issues the authorization. A Lithuania CASP license provides EU passporting rights across all 30 EEA member states.