Latvia’s Approach to Fintech Regulation: Innovation Hub, AI Adoption, and EU Alignment

Fintech innovations and emerging technologies have been rapidly evolving worldwide, prompting global regulators to adapt and establish regulatory frameworks. In this landscape, Latvia, a small Baltic country neighboring Estonia and Lithuania, has been quietly joining the efforts to understand and re ...

EU Lawmakers Propose Tax Reporting Requirements for Digital Asset Companies

EU lawmakers plan to require companies related to the storage, trading and investment in digital assets to provide tax authorities a report on the balance sheets of their customers. According to the initiators of the bill, the development of the document is due to the need ...