A major fintech player has made a strategic move into traditional European banking by acquiring a Lithuanian lender, marking a significant step toward obtaining a full banking license across the EU. This acquisition allows the company to expand its financial services footprint and gain regulatory credibility in one of Europe's more crypto-friendly jurisdictions. The move signals growing institutional interest in bridging the gap between decentralized finance and traditional banking infrastructure, as firms seek to operate within established regulatory frameworks while tapping into Web3 capabilities. Securing an EU banking license opens doors to broader market access and enhanced consumer trust—critical factors for fintech platforms aiming for mainstream adoption.
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AllInAlice
· 1h ago
ngl We've seen through this trick long ago, first getting a license from a small country as a cover, and sooner or later, you'll suffer regulatory losses.
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NightAirdropper
· 1h ago
Lithuania indeed plays along; in the future, banks and Web3 will truly become integrated.
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TokenDustCollector
· 4h ago
NGL, this move is quite ruthless, directly acquiring a Lithuanian bank to get a license... Truly clever.
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Another one trying to have it both ways, involving both traditional finance and Web3.
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Lithuania is indeed friendly; it’s been obvious for a while.
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What sounds good is a bridge, but it’s really just using the shell of traditional finance to tap into Web3 dividends.
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EU licenses are really valuable; this acquisition probably wasn’t cheap.
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Wait, which fintech is this... such a big move.
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Ultimately, compliance still comes down to reality, it’s just a matter of time.
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The pace of institutional bottom-fishing has accelerated, you can feel it.
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Consumer trust sounds nice, but is it really that easy?
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Impressive, directly targeting traditional banks.
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GasFeeSobber
· 01-07 21:00
Lithuania is indeed quite good, but the real test is still ahead...
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Once again, the old routine "obtaining a license = moving towards mainstream," wake up everyone
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Wait, is this trying to use a traditional bank shell to evade regulation? That's interesting
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EU banking license sounds great, but in reality, it's still constrained by national regulators...
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Compliance ≠ decentralization, what exactly do these people want to do
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Lithuanian lender... are those small countries helping big corporations open backdoors?
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Sounds nice, but in fact, it's CeFi making its final struggle
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Layer2Arbitrageur
· 01-07 21:00
lmao, they're finally realizing that regulatory arbitrage on the Lithuanian rails beats fighting the SEC for 5 years. smart move tbh, but the real alpha is tracking when they start bridging cross-chain liquidity... that's where the basis points hide.
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GoldDiggerDuck
· 01-07 21:00
Lithuania is moving quite quickly over there. This kind of strategic layout is indeed clever... Forcing traditional finance and Web3 to merge together, it looks pretty good.
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AirdropHarvester
· 01-07 20:44
Lithuania's move was brilliant; it was obvious all along that traditional financial institutions would eventually have to bow their heads and cooperate with Web3.
A major fintech player has made a strategic move into traditional European banking by acquiring a Lithuanian lender, marking a significant step toward obtaining a full banking license across the EU. This acquisition allows the company to expand its financial services footprint and gain regulatory credibility in one of Europe's more crypto-friendly jurisdictions. The move signals growing institutional interest in bridging the gap between decentralized finance and traditional banking infrastructure, as firms seek to operate within established regulatory frameworks while tapping into Web3 capabilities. Securing an EU banking license opens doors to broader market access and enhanced consumer trust—critical factors for fintech platforms aiming for mainstream adoption.