The Bank of Lithuania has granted Micar assets UAB authorisation to operate as a crypto-asset service provider under the Markets in Crypto-Assets Regulation (MiCA), allowing it to offer crypto-asset services to both retail and business clients in Lithuania. The authorisation covers custody and administration of clients’ crypto-assets, exchange of crypto-assets into money or other crypto-assets, processing of crypto-asset related orders, and other services. Micar assets UAB is the fourth firm authorised by the Bank of Lithuania under MiCA, following Robinhood Europe, UAB, UAB “Decentralized” (Coingate) and Nuvei Liquidity UAB; one of Micar assets UAB’s shareholders is finance brokerage firm Myriad capital FMI UAB. ESMA data cited in the release places Lithuania second in the Nordic-Baltic region by number of issued crypto-asset service provider authorisations, behind Finland and ahead of Latvia and Sweden.
Bank of Lithuania 2026-03-03
Bank of Lithuania authorises Micar assets UAB as a MiCA crypto-asset service provider
The Bank of Lithuania has authorized Micar assets UAB to operate as a crypto-asset service provider under the Markets in Crypto-Assets Regulation (MiCA), enabling it to offer services to retail and business clients. This includes custody, administration, exchange, and processing of crypto-assets. Lithuania ranks second in the Nordic-Baltic region for crypto-asset service provider authorizations, according to ESMA data.