Obtain a European Union crypto-asset service provider license through Latvia's MiCA framework — with full EU passporting rights to serve clients across the European Economic Area.
Supervised by Latvijas Banka (Bank of Latvia) — Latvia's financial regulator with dedicated MiCA CASP authorization guidance.
A Latvia MiCA CASP license authorizes a company to provide regulated crypto-asset services from Latvia and, through MiCA passporting, across the broader European Union. Latvijas Banka identifies the following as regulated services requiring authorization:
A Latvia-authorized CASP can use MiCA's EU passporting framework to provide authorized crypto-asset services across EU and EEA markets from a single member-state authorization.
Latvia offers a cost-conscious EU base for fintech, payments, crypto, and digital asset companies seeking access to the European market.
Latvijas Banka has published specific CASP authorization guidance and developed a licensing roadmap for crypto-asset service providers.
A Latvia CASP structure can be paired with EU banking, EMI, SEPA, payment institution, custody, and fiat settlement infrastructure.
Latvia may offer a balanced combination of EU credibility, regulator engagement, and operating cost efficiency compared to more saturated EU licensing hubs.
Depending on scope, a single CASP license can support multiple regulated crypto activities throughout the European Union.
MiCA establishes minimum own-funds requirements based on the authorized service class. CASPs may also need to maintain own funds based on fixed overhead requirements where that amount is higher than the minimum threshold.
€50,000
Advice, portfolio management, order reception/transmission, order execution, placement, transfer services.
€125,000
Class 1 services plus custody and administration, crypto-to-fiat exchange, crypto-to-crypto exchange.
€150,000
Class 2 services plus operation of a crypto-asset trading platform.
Applicants seeking CASP authorization in Latvia should generally expect to satisfy the following requirements:
Launch regulated crypto exchanges serving customers throughout Europe.
Provide institutional custody, wallet infrastructure, and safeguarding solutions.
Operate regulated liquidity, execution, and brokerage businesses.
Provide order execution, reception and transmission, and customer-facing brokerage services.
Support tokenized RWAs, funds, securities-adjacent instruments, and digital investment products.
Support stablecoin settlement, treasury workflows, and fiat-to-crypto payment architecture.
We provide end-to-end advisory and implementation services for obtaining and operationalizing a Latvia MiCA CASP license.
Obtaining a MiCA license is only one component of building a successful crypto business. We assist clients with:
We advise on crypto, payments, securities, banking, and digital asset regulations globally.
We operate at the intersection of digital assets, banking, payments, compliance, and capital markets.
From licensing and compliance to banking, custody, tokenization, and operational launch — comprehensive implementation support.
Latvijas Banka, the Bank of Latvia, is responsible for authorizing crypto-asset service providers in Latvia under MiCA.
Depending on the authorized services, MiCA generally requires minimum own funds of €50,000, €125,000, or €150,000.
Yes. MiCA authorization generally allows a CASP to passport its authorized services across the EU and EEA.
Latvijas Banka identifies custody, trading platform operation, exchange, order execution, placement, advice, portfolio management, order reception/transmission, and crypto transfer services as requiring authorization.
Yes. A Latvia CASP applicant should expect to demonstrate real governance, compliance resources, AML controls, management suitability, operational capability, and appropriate local presence.
Whether you are launching a crypto exchange, custody platform, OTC desk, tokenized asset marketplace, stablecoin infrastructure provider, or institutional digital asset business — a Latvia MiCA CASP license can provide a practical gateway into the European market.