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European Crypto Regulation Tightens as Lithuania Leads MiCA Enforcement
Crypto-Detective
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Lithuania’s upcoming crackdown reflects a broader European trend toward strict crypto oversight. With MiCA rules now coming into effect, unlicensed exchanges and wallet operators face fines, blocked websites, and possible prison time.
Neighboring Latvia is also positioning itself as a MiCA-compliant fintech hub, emphasizing talent and infrastructure to attract regulated crypto business. Major exchanges like KuCoin and Coinbase have already secured MiCA compliance, highlighting the increasing importance of operating within EU legal frameworks. The December 31 deadline could reshape the Baltic crypto landscape and eliminate non-compliant operators.
