🚀 Latvia’s crypto and FinTech ecosystem continues to accelerate! Congratulations to Neverless on receiving a #MiCA licence from Latvijas Banka — now the 4️⃣th company licensed under the new EU crypto-asset framework in Latvia. Combined with 8️⃣ FinTech licences issued already this year, the direction is clear: Latvia is steadily strengthening its position as an attractive European destination for digital finance and regulated innovation. A positive signal for FinTech companies looking for an EU base with ambition and clarity.
Latvijas Banka issues a licence to Neverless SIA for the provision of crypto-asset services. 📄 This licence enables the company to provide the following services: ➡️ providing custody and administration of crypto-assets on behalf of clients; ➡️ exchange of crypto-assets for funds; ➡️ exchange of crypto-assets for other crypto-assets; ➡️ providing portfolio management on crypto-assets; ➡️ providing transfer services of crypto-assets on behalf of clients. 4️⃣ Neverless is the fourth company to hold a licence issued by Latvijas Banka in accordance with the requirements established in the MiCA regulation. The number of licensed fintech companies in Latvia is gradually increasing. This year, Latvijas Banka has already issued eight licences to companies operating in the fintech segment 🚀 🔎 Companies seeking a licence from Latvijas Banka are encouraged to follow the licensing guides: https://lnkd.in/dGDYWzHX 📩 To ensure a smooth licensing process, companies are invited to apply for pre-licensing consultations here: https://lnkd.in/dawctXXH