Gofaizen & Sherle, a top fintech consultancy, has launched a comprehensive service for acquiring CASP licenses in Lithuania, Poland, and Spain under MICA regulations. This service aims to streamline the compliance process for crypto companies by providing support in business analysis, documentation management, staffing, and regulatory communication. Notably, VASPs in Lithuania must secure their licenses by May 31 to avoid operational interruptions. The firm emphasizes the importance of early action for both existing and new crypto projects seeking to enter these markets.
Gofaizen & Sherle introduces a full-cycle service for obtaining a CASP license under MICA regulation in Lithuania, Poland, and Spain, simplifying compliance.
The average licensing process for a CASP license can take around six months, requiring thorough documentation and potential hiring of specialists.
Existing VASPs in Lithuania must apply for the CASP license before May 31 or face suspension of their activities from July 1.
Gofaizen & Sherle facilitates regulatory communication with the Bank of Lithuania to streamline the application process for their clients.
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