Regulation· ★★· neutral·

Latvia's central bank grants MiCA crypto licence to UK-backed Noah

  • —The licence covers custody and administration of crypto-assets, crypto-to-fiat and crypto-to-crypto exchange, order execution and fund transfers
  • —Noah LV SIA was only established in Latvia in July 2026 and received the licence on September 30
  • —Latvijas Banka has approved 12 firms since December 2025, including BlockBen SIA, Hodleris SIA and Bleap SIA
  • —A MiCA licence grants passporting rights across the EU and EEA
Why it matters: Latvia is positioning itself as a crypto-friendly EU jurisdiction, drawing UK firms that need a base inside the bloc to serve European customers under MiCA.
Source: Crypto Briefing
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