🚀 Latvia has issued its very first MiCA licence - to BlockBen SIA for the provision of crypto-asset services!
The newly obtained licence will enable BlockBen SIA to offer all permitted crypto-asset services in other EU countries in line with the procedure specified in the MiCA Regulation.
🎯 Latvijas Banka encourages companies seeking authorisation to take advantage of free consultations during the pre-licensing stage. Experts from Latvijas Banka offer guidance on the applicable legal framework, required documents, and conduct an initial compliance assessment.
Request a consultation 👉 https://lnkd.in/dcmJmimf
This year, experts from Latvijas Banka have provided 50 consultations regarding the MiCA Regulation. Currently, 5 companies have submitted official licence applications, while another 12 are engaged in pre-licensing consultations.
🔎 Latvijas Banka has developed comprehensive guides on obtaining authorisation for crypto-asset services and token issuance: https://lnkd.in/dRTCjrA4. These guides offer a clear overview of the steps involved in preparing and submitting an application, the necessary documentation, and the timeframe within which Latvijas Banka evaluates applications and issues decisions.
💡 Latvijas Banka also provides a detailed crypto-asset classification overview under MiCA, clarifying which assets fall within the scope of the Regulation and which are governed by other legal instruments: https://lnkd.in/de7re78m.