The Bank of Latvia and Fintech

Author: Birute | #BRG

Fintech innovations have rapidly taken over the global market, rushing lawmakers to regulate them. While some countries such as the US and El Salvador have openly embraced them, others like Latvia have done it with caution. Unlike its neighbour Estonia, which was the first European country to introduce clear regulations and guidelines on the use of digital currencies, Latvia has not taken any measures to regulate them.