**Why European Crypto Down? Lithuania's Regulatory Crackdown Offers a Clue**
Stricter enforcement is coming to Europe's digital asset market. Lithuania's central bank has announced a major regulatory push that could reshape how unlicensed crypto firms operate across the region, with enforcement beginning as soon as next week. The move highlights growing pressure on the sector—and hints at one reason for recent market caution.
**The Numbers Behind the Crackdown**
Out of 370 registered crypto companies in Lithuania, only approximately 30 have submitted applications for MiCA (Markets in Crypto-As
Stricter enforcement is coming to Europe's digital asset market. Lithuania's central bank has announced a major regulatory push that could reshape how unlicensed crypto firms operate across the region, with enforcement beginning as soon as next week. The move highlights growing pressure on the sector—and hints at one reason for recent market caution.
**The Numbers Behind the Crackdown**
Out of 370 registered crypto companies in Lithuania, only approximately 30 have submitted applications for MiCA (Markets in Crypto-As