Tokenization & crypto licensing in Latvia
1 official register read, 12 entries from Latvijas Banka.
Buying crypto in Latvia: what to know
Legal- Latvijas Banka — MiCA competent authority; authorises and supervises CASPs since 30 Dec 2024
- Valsts ieņēmumu dienests (VID, State Revenue Service) — Tax authority; supervised crypto providers for AML before MiCA; receives DAC8 reports
Crypto gains are taxed at 25.5% since 2025, with no holding period. Swapping one coin for another is not taxed until you cash out or spend. Crypto losses can only offset crypto gains.
Gains: 25.5% capital gains tax (since 2025; 20% in 2024); extra 3% on total annual income above EUR 200,000
- If the cost of a coin cannot be proven, VID treats it as zero and the whole sale price is taxed.
- Losses on crypto cannot reduce gains on shares or other assets.
- Choose FIFO or weighted average cost and keep it for at least 10 years.
- Check providers in the Latvijas Banka register or the ESMA register; the Latvian transition ended on 30 June 2025.
Checked 2026-11-09 · Confidence: high · Sources: [1][2][3][4][5][6][7][8][9]
Not confirmed: Tax treatment of staking, lending and airdrop rewards — not covered in the VID materials; the May 2026 update says such exchange-earned tokens are 'most likely' no longer crypto for income tax · Whether losses can be carried forward to later years — VID material only shows netting within the year · Tax treatment of tokenized securities and gold-backed tokens — no specific guidance · How many former VID-supervised providers applied or were refused
Compiled to the best of our knowledge from the sources linked. Information, not tax or legal advice. Rules change — check the linked official sources before acting.
Found an error or something out of date? Tell us at [email protected] — we check and correct it.
Who offers tokenization and crypto services in Latvia
Crypto-asset service providers (VASPs/CASPs) in Latvia are registered with the Latvijas Banka. Its register „Finanšu tirgus dalībnieku reģistrs — segment 202 Kriptoaktīvu tirgus“ lists 12 companies (read 2026-10-14). The conditions for registering are set by the authority — its own list is the source.
- SIA AlphaRoute
- Atrya Technologies SIA
- Bleap SIA
- BlockBen SIA
- Hodleris SIA
- Neverless SIA
- Nexdesk SIA
- Noah LV SIA
- Nodu Digital, SIA
- SIA "Paybis Europe"
- AS TWINO Investments
- "Trek Technologies" SIA
Where are crypto companies and VASPs registered in Latvia?
With the Latvijas Banka. Its register “Finanšu tirgus dalībnieku reģistrs — segment 202 Kriptoaktīvu tirgus” lists 12 companies (read 2026-10-14), for example SIA AlphaRoute, Atrya Technologies SIA, Bleap SIA, BlockBen SIA. The requirements for registering are set by the authority; its own list is the source: https://www.bank.lv/finansu-tirgus-dalibnieku-registrs/tirgus-dalibnieki?segments=202-kriptoaktivu-tirgus
What the authorities publish — and what we read
Status: Public register, read. Every address below was loaded, not guessed. A register entry records that an authority licensed, registered or approved something; it says nothing about whether you may or should buy it.
| Authority | Register | Finding |
|---|---|---|
| Latvijas Banka (since 2023 also financial market supervisor) | Finanšu tirgus dalībnieku reģistrs, segment 202 Kriptoaktīvu tirgus | Public register, read |
Finanšu tirgus dalībnieku reģistrs — segment 202 Kriptoaktīvu tirgus
Licensed or registered providers · 12 entriesLatvijas Banka · source · read 2026-10-14
| Register no. | Name |
|---|---|
| 50203687631 | SIA AlphaRoute |
| 40203731957 | Atrya Technologies SIA |
| 40203714425 | Bleap SIA |
| 50203650041 | BlockBen SIA |
| 40203747303 | Hodleris SIA |
| 40203638969 | Neverless SIA |
| 40203611803 | Nexdesk SIA |
| 40203762919 | Noah LV SIA |
| 40203662782 | Nodu Digital, SIA |
| 40203730951 | SIA "Paybis Europe" |
| 44103143823 | AS TWINO Investments |
| 40203613537 | "Trek Technologies" SIA |