The Bank of Latvia has been quietly stepping up its game in providing assistance to fintech projects while employing the latest emerging technologies internally.
Latvia News
- 1887
The Riga cypherpunk reunion convened around the Lightning Network, privacy and a strong anti-CBDC sentiment.
2459According to Latvijas Banka, 4% of the population bought crypto assets in February, down from 8% in 2022, while payments “continue to prevail.”
2741The Nordics remain a cold place for crypto, but Estonia still leads as the public blockchain adopter.
4962“Blockchain is not just a buzzword here, it legitimately enables something that used to be impossible.”
10463The national carrier began accepting crypto payments in 2014.
11412Crypto remains underregulated, so Latvian investors need to be extra vigilant, says the FCMC.
3282Law enforcement representing 16 different countries cooperated to arrest 20 members of a global crypto-powered money laundering cartel in just one of the cases.
6221The finance ministries of the Baltic states have expressed their support to the development of Blockchain or distributed ledger technologies.
6257A Latvian startup known as 120 Minutes recently introduced a Telegram-Bitcoin integration called CallCoin, which is short for Call and Bitcoin, to enable international calls via Telegraph approximately 10 times cheaper than the standard pricing.
1304This year’s the biggest e-commerce forum ECOM21 2015 in Latvia has allocated great attention to Bitcoin and Blockchain development in the Baltic states.
863Gas Stations in Latvia, Lithuania, and Estonia operated by Lukoil will now accept Bitcoin through a service called SpectroCoin, which allows them to pay with Bitcoin at the pump.
2065SPOT Kafe is the kind of bar for which Riga is famous among Erasmus students and backpackers. Its menu of shots is a page long, it has a karaoke night on Wednesdays, and there is a special reserved sign for the local Couchsurfing group. But it’s the other sign on the bar top that had me excited, the one that reads, “BITCOIN ACCEPTED HERE.”
822Bitpay Blog seems to be blocked by at least on Latvian ISP, but no one seems to know why.
741AirBaltic, which is listed as “Latvia's National Airline” has quietly begun to accept Bitcoin payments.
1717