Sunday, November 17, 2024
Home > Latvia

Latvia central bank opens to fintech with ‘Innovation Hub’

Fintech innovations and emerging technologies have swept the world, causing global lawmakers to rush to understand and regulate them. While some countries like the United States and El Salvador have had a public relationship with adopting new technologies, others have quietly joined the game. Among these is Latvia, a small country

Read More

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

The number of people buying crypto assets in Latvia is declining, Latvijas Banka said in its 2023 “Financial Stability Report."The central bank attributed the falling interest in crypto to negative sentiment linked to fraud and insolvency among major market participants, “unwise” investments that have already been made, crypto’s links to

Read More