Regulation· ★★· neutral·

Latvia's Central Bank Grants Payment License to Neverless SIA

  • —Neverless SIA received a payment institution license from Latvijas Banka
  • —The license covers credit transfers and regular payment services
  • —The firm was previously licensed for crypto asset services in May
Why it matters: The move strengthens the regulatory framework for crypto services in Latvia and the EU.
Source: Coinfomania