Business
End of MiCA Transitional Period in Lithuania
GSTechnologies Limited announced that its Lithuanian subsidiary, GS Fintech UAB, has not obtained crypto-asset service provider authorisation under MiCA by the 31 December 2025 transitional period deadline, despite a September 2025 application. The company intends to resubmit its application in Q1 2026 and will ensure trading continuity by transitioning operations to its recently acquired Polish VASP-registered entity, Finferno Spółka Z Ograniczoną Odpowiedzialnością. Disclaimer*
About this update from Gstechnologies Ltd.
[{"type":"text","content":"\n\n31 December 2025\nGSTechnologies Limited\n \n(\"GST\" or the \"Company\")\nEnd of MiCA Transitional Period in Lithuania\nGSTechnologies 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.\nThe 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.\nEnquiries:\nThe Company\nTone Goh, Executive Chairman\n+65 6444 2988\nFinancial Adviser\nFirst Sentinel Corporate Finance\n+44 (0)20 3855 5551 \nBrian Stockbridge / Gabrielle Cordeiro\nBroker\nCMC Markets\n+44 (0)20 3003 8632\nDouglas Crippen\nFinancial PR & Investor Relations\nIFC Advisory Limited\nTim Metcalfe / Graham Herring / Florence Staton\n+44 20 (0) 3934 6632\n\n\n\n\nFor more information please see: https://gstechnologies.co.uk/\n\n\n\n\n \n\n","length":2744,"tagName":"div"}]