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DriveWealth Secures MiCA Crypto Authorization in Lithuania

Under MiCA, crypto-asset services will become available within the new year, and the Bank of Lithuania already regulates the firm's EU securities business.

DriveWealth Secures MiCA Crypto Authorization in Lithuania

DriveWealth, a global Brokerage-as-a-Service platform, said on November 10, 2026 that its European affiliate, UAB DriveWealth Europe, has been authorized as a crypto-asset service provider under the Markets in Crypto-Assets Regulation (MiCA). The Bank of Lithuania (Lietuvos bankas) issued the authorization, and services will become available within the new year.

The approval builds on UAB DriveWealth Europe's existing license under the Markets in Financial Instruments Directive II (MiFID II), which the Bank of Lithuania also issued. The company now has a single European Union entity regulated for both securities and crypto-assets.

DriveWealth said the approval extends its long-standing mission of opening access to United States markets into one regulated platform covering several asset classes. The approval also makes DriveWealth a regulated crypto-asset provider in its own right.

For banks, fintechs, digital wallets and brokers, the authorization means one integration and one regulatory partner across United States equities, exchange-traded funds, mutual funds, fixed income, options and, soon, crypto-assets. DriveWealth takes on the licensing, custody and compliance work that partners would otherwise need years to build. That lets them bring new investing products to market in weeks. For their customers, the company says it creates a path to one unified investment experience, with stocks, tokenized assets and crypto-assets in one place.

"Finance is moving toward a world where stocks, stablecoins and tokenized assets sit side by side, and that future has to be built on a regulated foundation," said Naureen Hassan, chief executive officer of DriveWealth. "MiCA authorization is another step in that direction. We're doing the regulatory work first, so when we bring crypto-asset services online, our partners will be able to offer them through the same trusted infrastructure they already use across U.S. asset classes."

DriveWealth is now building out the infrastructure to support crypto-asset services and will make them available to partners in phases.

Topics
  • DriveWealth
  • UAB DriveWealth Europe
  • Bank of Lithuania
  • MiCA
  • crypto-asset services
  • MiFID II
  • Brokerage-as-a-Service
  • Naureen Hassan

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