Latvia applies MiCA through the Law on Crypto-asset Services, in force 30 June 2024. Latvijas Banka authorises ART issuers and supervises EMT issuance by credit and e-money institutions, including white papers, reserves and redemption. Interest on EMTs and ARTs is prohibited. CASP licensing has been live since 30 December 2024, with multiple licences issued from December 2025.
