The Central Bank of Latvia announced that its Supervision Committee has granted Neverless SIA a licence to provide crypto-asset services under the Markets in Crypto-Assets Regulation (MiCA). The authorisation makes Neverless SIA the fourth company licensed by the central bank under the EU framework. The licence covers custody and administration of crypto-assets on behalf of clients, exchange of crypto-assets for funds, exchange of crypto-assets for other crypto-assets, portfolio management of crypto-assets, and transfer services for crypto-assets on behalf of clients. The central bank noted that MiCA introduced a single EU legal framework for the sector and requires crypto-asset service providers to obtain authorisation, after which they may provide services across the EU through the cross-border notification mechanism.
Central Bank of Latvia2026-05-21
Central Bank of Latvia licenses Neverless SIA for crypto-asset services as fourth firm authorised under MiCA
The Central Bank of Latvia’s Supervision Committee has licensed Neverless SIA to provide crypto-asset services under the Markets in Crypto-Assets Regulation, making it the fourth firm authorised by the central bank under this EU framework. The licence covers custody and administration, exchange for funds and other crypto-assets, portfolio management, and transfer services for crypto-assets on behalf of clients, which may be offered across the EU via MiCA’s cross-border notification mechanism.