Latvia's central bank grants MiCA crypto licence to UK-backed Noah
Latvia's central bank has granted a MiCA-compliant crypto license to Noah LV SIA, a subsidiary of a UK-based firm. This authorization allows the company to provide crypto-asset services and payment processing across the European Union.
Why it matters
The MiCA framework is standardizing crypto regulation in Europe, making it easier for firms to operate across borders while ensuring compliance.
BTCCAD BTCEUR BTCUSD BTCUSDC Latvia's central bank has handed another crypto firm the keys to the European single market. On September 30, 2026, Latvijas Banka issued a double licence to Noah LV SIA, the Latvian subsidiary of UK-based Noah HQ Ltd.
The approval lets Noah operate as both a crypto-asset service provider and a payment institution.
The authorisation comes under the EU's Markets in Crypto-Assets framework, better known as MiCA. It is the bloc's rulebook for crypto businesses that want to operate legally across member states.
Noah's licence covers custody and administration of crypto-assets on behalf of clients, exchanging crypto-assets for fiat currency and swapping one crypto-asset for another, and order execution services. The payment institution side adds fund transfers to the mix.
Noah LV SIA was only established as a Latvian entity in July 2026, and the licence landed on September 30.
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