OKX Banner
BTC $73,413.00 (-2.96%)
ETH $1,984.93 (-4.15%)
BNB $638.63 (-2.46%)
XRP $1.28 (-3.37%)
SOL $81.06 (-3.06%)
TRX $0.37 (-1.77%)
DOGE $0.10 (-2.51%)
HYPE $58.02 (-3.97%)
LEO $9.97 (-0.86%)
ZEC $538.62 (-4.55%)
RAIN $0.01 (+24.31%)
ADA $0.23 (-2.58%)
XMR $386.72 (+1.50%)
BCH $333.16 (-3.13%)
LINK $8.97 (-4.63%)
CC $0.15 (-1.18%)
XLM $0.17 (+16.41%)
TON $1.79 (-7.34%)
LTC $51.16 (-1.68%)
M $2.97 (-0.62%)

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

-