OKX Banner
BTC $77,351.00 (+0.67%)
ETH $2,111.35 (-0.58%)
BNB $660.60 (+0.67%)
XRP $1.36 (-0.29%)
SOL $85.89 (-0.62%)
TRX $0.37 (+1.12%)
DOGE $0.10 (0.00%)
HYPE $62.04 (+0.31%)
ZEC $657.80 (+4.18%)
LEO $10.06 (-0.24%)
ADA $0.24 (-0.61%)
XMR $390.47 (+1.21%)
BCH $350.86 (-0.62%)
LINK $9.52 (-0.86%)
CC $0.17 (+0.81%)
XLM $0.15 (+1.31%)
TON $1.81 (+0.94%)
SUI $1.05 (-1.91%)
LTC $52.88 (-1.03%)
AVAX $9.33 (-0.25%)

Greenland vs Lithuania

Crypto regulation comparison

Greenland

Greenland

Lithuania

Lithuania

No Data
Legal

-

Cryptocurrency is legal and regulated in Lithuania. The Bank of Lithuania oversees VASPs under AML regulations and has been an early mover in crypto regulation within the EU. Lithuania attracted a large number of VASP registrations due to initially favorable conditions, though it tightened requirements significantly in 2022-2023. The MiCA framework now applies.

Tax Type Unclear
Tax Type Capital gains
Tax Rate N/A
Tax Rate 15%
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator -
Regulator Bank of Lithuania (Lietuvos Bankas)
Stablecoin Rules -
Stablecoin Rules Regulated under EU MiCA framework
Key Points

-

Key Points
  • VASPs must register with the Bank of Lithuania under AML/CFT law
  • Capital gains from crypto taxed at 15% personal income tax rate
  • Lithuania became a major EU hub for crypto companies; over 500 VASPs registered by 2022
  • Tightened VASP requirements in 2022-2023, including local substance and capital requirements
  • MiCA transition underway from December 2024
Sources

-