Blockchain technologies and digital assets can become a major driver of innovation within a secure, transparent, and predictable business environment, and it is crucial for Latvia to capitalize on this. “Web3 and blockchain companies can contribute to Latvia's export capacity and the creation of high-value-added jobs. Therefore, we are working to improve the transparency of licensing processes, promote dialogue between regulators and the industry, and support an innovation testing environment,…
Blockchain technologies and digital assets can become a major driver of innovation within a secure, transparent, and predictable business environment, and it is crucial for Latvia to capitalize on this. “Web3 and blockchain companies can contribute to Latvia's export capacity and the creation of high-value-added jobs. Therefore, we are working to improve the transparency of licensing processes, promote dialogue between regulators and the industry, and support an innovation testing environment,” noted Minister of Economics Viktors Valainis on Wednesday, April 1, while participating in the UN:BLOCK 2026 conference panel discussion "Do politicians support the crypto and blockchain sector in Latvia?". On Thursday, April 2, the Minister opened…