Latvijas Banka has granted Noah LV SIA two authorisations: a MiCA crypto-asset licence and a payment institution licence.

The permissions bring digital asset and payment services under one licensed entity. Each falls under its own regulatory regime, and the company now holds approval under both.

Licences scope

The crypto-asset licence was issued under the requirements of the Markets in Crypto-Assets Regulation (MiCA). It covers four activities: Noah LV SIA may hold digital assets in custody and administer them for clients, exchange them for funds, execute orders on customers’ behalf, and provide transfer services.

These approvals cover the main stages of a client’s asset activity: safekeeping, conversion into funds, order execution,…