BUSINESSWIRE · 2026-11-10 14:38 UTC

DriveWealth Receives MiCA Authorization from the Bank of Lithuania to Provide Crypto-Asset Services Across the EU

UAB DriveWealth Europe, DriveWealth's European affiliate, was authorized by the Bank of Lithuania as a crypto-asset service provider under the EU's MiCA regulation, with services to become available within the new year. The authorization builds on the affiliate's existing MiFID II license, giving DriveWealth one EU entity regulated for both securities and crypto-assets. Crypto services will be rolled out to partners in phases, and the article follows a recent partnership with Ripple covering RLUSD stablecoin settlement and digital asset custody.

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