OKX Banner
BTC $79,948.00 (-0.05%)
ETH $2,505.96 (+0.22%)
BNB $747.37 (-2.44%)
XRP $1.41 (-0.76%)
SOL $105.54 (+1.71%)
TRX $0.34 (+0.31%)
ZEC $1,187.68 (+10.80%)
HYPE $87.14 (+1.21%)
DOGE $0.09 (-0.64%)
RAIN $0.02 (-2.49%)
XMR $535.92 (-3.39%)
LINK $13.09 (+6.69%)
LEO $9.40 (+1.87%)
ADA $0.22 (+0.01%)
XLM $0.19 (+0.87%)
BCH $257.97 (-0.27%)
UNI $7.17 (-2.56%)
CC $0.11 (+0.08%)
LTC $54.56 (-0.08%)
GRAM $1.42 (-0.83%)

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

-