Passporting a Lithuanian CASP licence across the EU: how notification works
Lithuania has become a popular home base for crypto firms seeking an EU foothold, but a Lithuanian CASP licence does not automatically open every market. Passporting a Lithuanian CASP means using the freedom of establishment or freedom to provide services to reach clients across the EEA, and the process runs through your national regulator rather than a separate EU application. CRYPTO LICENSE GUIDE · 2026 Passporting a Lithuanian CASP Crypto licensing across 15+ jurisdictions CONSULTING24.CO What passporting actually means for a Lithuanian CASP Under MiCA, which is fully in force across the EU in 2026, a crypto-asset service provider authorised in one member state can provide services in other member states without obtaining a separate licence in each country. The Lithuanian licence becomes the home-state authorisation, and the Bank of Lithuania acts as the competent authority. Passporting a Lithuanian CASP is therefore a notification exercise, not a new licensing exercise. Tw...