Latvia – DIGIT INFO

Latvia central bank opens to fintech with ‘Innovation Hub’

The Bank of Latvia has been quietly stepping up its game in providing assistance to fintech projects while employing the latest emerging technologies internally.

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Privacy prevails and cypherpunks write code at Baltic Honeybadger

The Riga cypherpunk reunion convened around the Lightning Network, privacy and a strong anti-CBDC sentiment.

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Crypto asset investment in Latvia declines by 50% over past year, per central bank

According to Latvijas Banka, 4% of the population bought crypto assets in February, down from 8% in 2022, while payments “continue to prevail.”

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The state of crypto in Northern Europe: Hostile Scandinavia and vibrant Baltics

The Nordics remain a cold place for crypto, but Estonia still leads as the public blockchain adopter.

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Latvian Extradited to US for Wire Fraud Involving Crypto Investments

A Latvian national has been handed over to the United States where he is accused of fraud through several companies offering false crypto investment opportunities. Ivars Auzins will appear in a federal court in Brooklyn to face multiple charges of wire and securities fraud. Latvian Authorities Transfer Alleged Crypto Fraudster to US Custody Ivars Auzins, […]

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Latvian Artist Threatened With Prison for Money Laundering Through NFTs

An artist from Latvia is under investigation for allegedly selling NFTs, or non-fungible tokens, to launder money, for which he may get up to 12 years in prison. The authorities have blocked his bank accounts and launched an investigation without even notifying him. Artist Who Sold Over 3,500 NFTs Prosecuted for Money Laundering in Latvia […]

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Independent Russian News Site Meduza Raises Over $200,000 in Crypto

Pressure from the Kremlin and sanctions from the West have forced Russian news outlet Meduza to increasingly rely on cryptocurrency donations to fund its independent journalism. As the restrictions imposed over Moscow’s invasion of Ukraine have prevented its Russian readers from contributing in fiat currency, the Riga-based website now accepts several digital coins. Meduza Pulls […]

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Google Trends Study Shows SHIB Is the Most Popular Crypto in the UK

22 days ago, Bitcoin.com News wrote about a Coin Insider trends study that combed through Google Trends data in the United States. According to the report, dogecoin was the most Googled cryptocurrency in the country. Another study — published by askgamblers.com — has covered similar data, but concentrated on the U.K.’s and Europe’s Google searches. […]