#ETHTrendWatch Explosive! The Bank of Lithuania issues a final ultimatum: without this "license" next year, it will all be considered illegal! Four years of imprisonment await...

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Brothers, the news is explosive! Lithuania, once recognized as a "crypto paradise," has just officially turned its back! The central bank has declared: all those engaged in cryptocurrency services must have a MiCA license by January 1, 2026, otherwise they will be treated as illegal operations! Only a little over a year left in the transition period, until the end of 2025.
This is no joke; fines and website closures are mild, the harshest could lead to criminal responsibility, with a maximum sentence of four years! This wave of regulatory crackdown is intense.
The most magical aspect is the data: Lithuania currently has over 370 registered crypto companies, but guess what? Only about 30 have submitted applications, not even one-tenth! What about the remaining 340? Are they lying flat or preparing to flee? This major reshuffle seems inevitable.
What impact does this have on us?
1. Exchanges and platforms will undergo significant reshuffling: small workshops and fly-by-night platforms definitely can't withstand compliance costs; they'll either close down or get swallowed up. In the future, choosing a platform with a MiCA license will be the most important safety mark!
2. Your assets are safer now: the new regulations strictly require platforms to keep your assets separate from their own funds, preventing mismanagement. The risks of sudden crashes or exits will be greatly reduced.
3. The myth of Lithuania comes to an end: companies that previously rushed to Lithuania for quick registration and low taxes are now facing tough times. The EU is looking to unify standards and tighten regulations comprehensively.
What’s next?
Quickly check if the platform you are using is registered in Lithuania or has EU operations. If it does, go check if it has started applying for a MiCA license! This is crucial for the safety of your assets.
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Let's chat in the comments:
Do you think this wave of strict regulations is a good thing or a bad thing? Is the exchange you use actively compliant? If you're worried about small exchanges fleeing, feel free to vent your frustrations!