What is a custodial wallet?

A custodial wallet is a type of wallet where a third party manages the private keys on behalf of the user, providing added security and convenience.

Are custodial wallets regulated in Lithuania?

Yes, custodial wallets are regulated under the MiCA framework and require CASP authorization from the Bank of Lithuania.

How can Block Intelligence help with custodial wallet compliance?

Block Intelligence offers software solutions that embed compliance controls and works with legal partners to facilitate licensing.

MiCA · Custodial Wallet

Lithuania Custodial Wallet — Compliant Development

Launch a custodial wallet in Lithuania with compliance controls mapped to Bank of Lithuania and MiCA. Block Intelligence builds production software; independent counsel handles licensing.

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Compliance scope

Lithuania · Custodial Wallet

Lithuania supervises crypto-asset service providers under MiCA through Bank of Lithuania (Bank of Lithuania). Firms offering exchange, custody, advisory, or other CASP services must obtain authorization and meet prudential, governance, and AML requirements before serving clients in the EU.

Jurisdiction	Lithuania
Regulator	Bank of Lithuania
Product	Custodial Wallet

Software

Built-in compliance controls

Custodial key management with HSM or secure enclave options
Multi-chain deposits, withdrawals, and balance reconciliation
Transaction monitoring and velocity limits
Account recovery flows with identity re-verification
Compliance reporting and user activity audit trails
KYC verification integrated into wallet onboarding processes
AML compliance checks on transactions and user behavior
Secure storage solutions for user assets with audit capabilities

View Custodial Wallet service Related case study

Block Intelligence provides technology development and compliance-oriented software architecture. We are not a law firm. Licensing and regulatory advice is provided by independent legal partners in each jurisdiction. Information is current as of 2026-03-01 and subject to change.

FAQ

Frequently asked questions

What is a custodial wallet?: A custodial wallet is a type of wallet where a third party manages the private keys on behalf of the user, providing added security and convenience.
Are custodial wallets regulated in Lithuania?: Yes, custodial wallets are regulated under the MiCA framework and require CASP authorization from the Bank of Lithuania.
How can Block Intelligence help with custodial wallet compliance?: Block Intelligence offers software solutions that embed compliance controls and works with legal partners to facilitate licensing.