Polish crypto exchange Kanga secures MiCA license in Latvia
Poland-founded crypto exchange Kanga has secured a Class 3 MiCA license in Latvia, enabling EU-wide crypto services as Polish lawmakers debate framework’s implementation. Go to Source
Latvia
Auto Added by WPeMatico
Central Bank of Latvia opens pre-licensing consultations to crypto companies
Latvia’s central bank is taking proactive steps to align with the EU’s upcoming crypto regulations by offering free pre-licensing consultations for crypto-asset service providers. Go to Source
Latvia’s economic shift: Minister of Economics on crypto law and blockchain innovations
Latvia’s Minister of Economics Viktors Valainis shared insights on the country’s vision for a tech-driven future and new crypto laws and blockchain initiatives aimed at transforming its economy. Go to Source
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. Go to Source
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. Go to Source
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.” Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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, … Read more
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 … Read more
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 … Read more