ChainCatcher news, according to Cointelegraph, the Bank of Latvia is taking proactive measures to provide free pre-licensing consultations for crypto asset service providers in line with the upcoming EU cryptocurrency regulations.Starting from January 2025, the bank will be responsible for accepting applications and issuing licenses to CASPs in the country. Meanwhile, the bank stated that it is helping businesses prepare for this through free pre-licensing consultations. Central bank experts will provide businesses with regulatory guidance tailored to their needs, all necessary documentation, and an initial assessment of each business's compliance level.

ChainCatcher news, the U.S. Department of Justice has announced the arrest of Aliaksandr Klimenka, the mastermind behind the trading platform BTC-e, which has been shut down for several years, in Latvia. He is accused of participating in money laundering related to criminal activities from 2011 to 2017, with an amount involved exceeding $4 billion.