Latvia’s economic shift: Minister of Economics on crypto law and blockchain innovations
Latvia’s Minister of Economics Viktors Valainis shared insights on the country’s vision for a tech-driven future and new crypto laws and blockchain initiatives aimed at transforming its economy.
In a northern corner of Europe, nestled between the shores of the Baltic sea and the borderlands of Russia, lies Latvia, a nation of only 1.8 million inhabitants.
While the country may be relatively small, it is beginning to make big moves to cement its position as a leader in digital innovation in Europe.
In June, regulators in the country pushed forward its “Crypto Asset Services Law,” which aims to offer a clear regulatory framework to foster growth and attract investment and supports the country’s ambitious plans to become a hub for blockchain and cryptocurrency enterprises.
Go to Source
Author: Savannah Fortis
