Choosing between Estonia and Lithuania for a MiCA CASP in 2026
Choosing between Estonia and Lithuania for a MiCA CASP in 2026 is a decision that shapes your licensing timeline, capital planning, and long-term access to the EU single market. Both countries are fully inside the MiCA framework, but they differ in supervisory style, cost structure, and the practical experience of the founders who apply. CRYPTO LICENSE GUIDE · 2026 Choosing between Estonia and Crypto licensing across 15+ jurisdictions CONSULTING24.CO The MiCA starting point for both countries Since MiCA became fully applicable across the EU, crypto asset service providers no longer apply for national regimes such as Estonia's old MLTRA licence or Lithuania's virtual currency exchange and depositary wallet rules. Instead, a CASP authorisation is granted by the national competent authority of the member state where the applicant is established, and that authorisation can then be passported across the European Economic Area. In Estonia the competent authority is the Estonian F...
