End of MiCA Transitional Period in Lithuania
Summary by AI BETAClose X
31 December 2025
GSTechnologies Limited
("GST" or the "Company")
End of MiCA Transitional Period in Lithuania
GSTechnologies Ltd (LSE: GST), the fintech company, announces that following the submission of a MiCA license application to the Bank of Lithuania in September 2025, GS Fintech UAB has not obtained crypto-asset service provider (CASP) authorisation under MiCA by the end of the transitional period, which expires on 31 December 2025.
The Company plans to resubmit its application to the Bank of Lithuania in Q1 2026 and in the meantime, to ensure trading continuity without interruption, GS Fintech UAB's platform will transition to operations under VASP-registered Finferno Spółka Z Ograniczoną Odpowiedzialnością in Poland, whose acquisition by the Company was announced on 29 December 2025.
Enquiries:
The Company
Tone Goh, Executive Chairman
+65 6444 2988
Financial Adviser
First Sentinel Corporate Finance
+44 (0)20 3855 5551
Brian Stockbridge / Gabrielle Cordeiro
Broker
CMC Markets
+44 (0)20 3003 8632
Douglas Crippen
Financial PR & Investor Relations
IFC Advisory Limited
Tim Metcalfe / Graham Herring / Florence Staton
+44 20 (0) 3934 6632
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For more information please see: https://gstechnologies.co.uk/ |
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