MiCA-Regulated Crypto-Asset Companies in Latvia
Latvia oversees crypto-asset firms through Latvijas Banka (the Bank of Latvia). MiCA gives Latvian-authorized providers a single-market licence recognized across all EU member states.
As of 18 August 2026, MICA Watch tracks 24 MiCA-related entries for Latvia (10 authorized CASPs, 2 EMT issuers, 12 white papers). Notable firms include BlockBen SIA, Nexdesk SIA, SIA "Paybis Europe", Neverless SIA, "Trek Technologies" SIA.
Crypto-asset service providers based in Latvia are authorized and supervised by the Latvijas Banka (Bank of Latvia) under the EU Markets in Crypto-Assets Regulation (MiCA).
Authorized Crypto-Asset Service Providers (CASPs) in Latvia
10| Entity Name | Trading Name | Services | Authority | Auth Date | Website |
|---|---|---|---|---|---|
| BlockBen | a. providing custody and administration of crypto-assets on behalf of clients | c. exchange of crypto-assets for funds | d. exchange of crypto-assets for other crypto-assets | f. placing of crypto-assets | j. providing transfer services for crypto-assets on behalf of clients | Latvijas Banka | 03/12/2025 | ||
| Nexdesk | a. providing custody and administration of crypto-assets on behalf of clients | e. execution of orders for crypto-assets on behalf of clients | j. providing transfer services for crypto-assets on behalf of clients | Latvijas Banka | 10/12/2025 | ||
| Paybis | a. providing custody and administration of crypto-assets on behalf of clients|c. exchange of crypto-assets for funds|d. exchange of crypto-assets for other crypto-assets | e. execution of orders for crypto-assets on behalf of clients |h.providing advice on crypto-assets| j. providing transfer services for crypto-assets on behalf of clients | Latvijas Banka | 12/05/2026 | ||
| Neverless | a. providing custody and administration of crypto-assets on behalf of clients|c. exchange of crypto-assets for funds|d. exchange of crypto-assets for other crypto-assets | i. providing portfolio management on crypto-assets| j. providing transfer services for crypto-assets on behalf of clients | Latvijas Banka | 20/05/2026 | ||
| Backpack EU | a. providing custody and administration of crypto-assets on behalf of clients|c. exchange of crypto-assets for funds|d. exchange of crypto-assets for other crypto-assets | e. execution of orders for crypto-assets on behalf of clients | j. providing transfer services for crypto-assets on behalf of clients | Latvijas Banka | 27/05/2026 | ||
| Twino | a. providing custody and administration of crypto-assets on behalf of clients|c. exchange of crypto-assets for funds|d. exchange of crypto-assets for other crypto-assets | e. execution of orders for crypto-assets on behalf of clients | Latvijas Banka | 04/06/2026 | ||
| AlphaRoute | a. providing custody and administration of crypto-assets on behalf of clients | b. operation of a trading platform for crypto-assets | c. exchange of crypto-assets for funds | d. exchange of crypto-assets for other crypto-assets | f. placing of crypto-assets | j. providing transfer services for crypto-assets on behalf of clients | Latvijas Banka | 18/06/2026 | ||
| Hodleris | a. providing custody and administration of crypto-assets on behalf of clients | c. exchange of crypto-assets for funds | d. exchange of crypto-assets for other crypto-assets | j. providing transfer services for crypto-assets on behalf of clients | Latvijas Banka | 25/06/2026 | ||
| Bleap | c. exchange of crypto-assets for funds | d. exchange of crypto-assets for other crypto-assets | Latvijas Banka | 25/06/2026 | ||
| Nodu Digital | c. exchange of crypto-assets for funds | j. providing transfer services for crypto-assets on behalf of clients | Latvijas Banka | 08/07/2026 |
E-Money Token (EMT) Issuers in Latvia
2| Entity Name | Trading Name | Authority | Auth Date | White Paper | Website |
|---|---|---|---|---|---|
| GR8.money | Latvijas Banka | 10/12/2025 | View document | ||
| GR8.money | Latvijas Banka | 10/12/2025 | View document |
Crypto-Asset White Papers from Latvia
12| Entity Name | CASP Name | Authority | White Paper |
|---|---|---|---|
| Latvijas Banka | View document | ||
| Bitpanda GmbH | Latvijas Banka | View document | |
| Latvijas Banka | View document | ||
| Payward Europe Solutions Limited | Latvijas Banka | View document | |
| Payward Europe Solutions Limited | Latvijas Banka | View document | |
| Latvijas Banka | View document | ||
| BlockBen SIA | Latvijas Banka | View document | |
| BlockBen SIA | Latvijas Banka | View document | |
| BlockBen SIA | Latvijas Banka | View document | |
| BlockBen SIA | Latvijas Banka | View document | |
| Bitvavo | Latvijas Banka | View document | |
| Gen6 USA LLC | Latvijas Banka | View document |
MiCA Regulation in Latvia: What You Need to Know
Since MiCA became fully applicable across the EU in December 2024, any firm offering crypto-asset services in Latvia — such as custody, operating a trading platform, exchanging crypto for fiat, executing orders, or providing advice — must be authorized as a Crypto-Asset Service Provider (CASP). In Latvia, that authorization is granted by the Latvijas Banka (Bank of Latvia).
One of MiCA's biggest advantages is passporting: a provider authorized in Latvia can offer its services in every other EU and EEA member state without applying for a separate licence in each country. This is why the country in which a firm is authorized matters, and why MICA Watch organizes the register by member state.
The tables above list crypto-asset entities whose home member state is Latvia, based on the official interim registers published by the European Securities and Markets Authority (ESMA). Data is refreshed regularly; the current snapshot reflects the status as of 18 August 2026. For the complete EU-wide picture, browse the full registry filtered to Latvia or return to the interactive map.
MiCA in Latvia: common questions
How many MiCA-regulated crypto-asset entities are there in Latvia?
As of 18 August 2026, MICA Watch tracks 24 MiCA-related entries with Latvia as the home member state, including 10 authorised Crypto-Asset Service Providers and 2 e-money token issuer records. Figures come from the ESMA interim register and are refreshed as authorities publish changes.
Who regulates crypto-asset service providers in Latvia?
Crypto-asset service providers based in Latvia are authorised and supervised by the Latvijas Banka (Bank of Latvia), the national competent authority responsible for applying the EU Markets in Crypto-Assets Regulation (MiCA) in Latvia.
Can a CASP authorised in Latvia operate in other EU countries?
Yes. Under MiCA an authorisation granted by the Latvijas Banka (Bank of Latvia) can be passported across all 27 EU member states and the EEA, subject to notification requirements — a firm does not need a separate licence in each country.