Crypto License In Lithuania
Advantages of Amercin & Ross
Obtaining a license remotely
Clear regulation and process
Obtain the license within 2 months
Ready-made company with license available
Capabilities for VASP registered in Lithuania
Exchange crypto to crypto
VASP Companies are authorized to offer exchange services between different types of virtual assets (utility tokens and coins).
Exchange crypto to fiat and fiat to crypto
Cryptocurrency license in Lithuania allows its holder to offer the services for exchanging cryptocurrency for fiat currency and vice versa, meaning their customer can buy or sell available utility tokens for currencies such as US Dollar, Euro, British pound, etc.
Storage crypto on behalf of the users
The Lithuanian VASP license allows its operator to store crypto assets on behalf of their customers through custodian wallets, meaning that operator can open wallet for the customer and private keys will be held by the VASP.
Fiat storage and Exchange
VASP may accept fiat currency as a prepayment for services (generally, to exchange it for cryptocurrency).
Informational services on the balance
Authorized VASP has the authority to manage and safeguard cryptocurrency depository wallets belonging to clients, and store and provide clients with information services on balances, and incoming and outgoing transactions.
Send crypto to the 3rd party on behalf of the client
VASP may offer services to transfer cryptocurrency from the Client's wallet to a wallet specified by the Client by their order, being an intermediary. This service is a crypto alternative to wire transfers in fiat currency.
ICO
The Lithuanian VASP can also conduct ICOs, in which an offer to buy its cryptocurrency is made for the first time through the VASP.
Staking
VASPs have the right to use stacking as an additional tool to generate passive income from cryptocurrencies.
Packages of services for crypto license in Lithuania
Advance
-
Full turnkey company formation assistance
-
Registering share capital (EUR 125,000)
-
Address of registration for 1 year
-
Registration as VASP within commercial registry
-
Apostilled and translated corporate documents
-
Developed AML/KYC policy
-
Search, integration, direct employment
-
Agreement for exclusive, local, experienced
-
AML/KYC officer
-
Registration of VASP activities within FCIS/FNTT
-
Estimate time: 10-12 weeks
Premium
-
Full turnkey company formation assistance
-
Registering share capital (EUR 125,000)
-
Address of registration for 1 year
-
Registration as VASP within commercial registry
-
Apostilled and translated corporate documents
-
Developed AML/KYC policy
-
Search, integration, direct employment
-
Agreement for exclusive, local, experienced
-
AML/KYC officer
-
Registration of VASP activities within FCIS/FNTT
-
Search for premises for rent
-
Assistance in opening Bank account for crypto operating activity
-
Setting up KYC/KYT Provider
-
Accounting services for VASP
-
Legal Opinion
-
Estimate time: 12-16 weeks
Ready-made VASP
-
Full benefit of premium package
-
6-8 weeks
-
Address of registration for 1 year
-
Registration as VASP within commercial registry
-
Corporate documents in the Lithuanian language
-
Standard AML/KYC Policy
-
Search, integration, direct employment agreement for exclusive, local, experienced AML/KYC officers
-
Registration of VASP activities within FCIS/FNTT
Contact Now
Connect with our experts
