CryptoMedium•10 November 2026•
1 min read
DriveWealth Secures MiCA Authorization from Bank of Lithuania for EU Crypto Services
Key Facts
1DriveWealth has received MiCA authorization from the Bank of Lithuania to provide crypto-asset services across the European Union.
DriveWealth has received MiCA authorization from the Bank of Lithuania to provide crypto-asset services across the European Union. Business Wire reported that the approval allows the firm to operate as a regulated crypto-asset service provider within the European Economic Area.
The authorization enables DriveWealth to leverage Lithuania's regulatory framework for EU-wide expansion, increasing institutional and retail access to digital assets. This move follows recent economic data from the region, where the EU Consumer Price Index reached 104.77 on November 4, 2026, and annual retail sales showed a growth of 0.4% as of November 6, 2026.