Latvijas Banka grants AS TWINO Investments permission to provide crypto-asset services

05.06.2026.

Supervisory News

Latvijas Banka has granted permission to the investment firm AS TWINO Investments to provide crypto-asset services in accordance with the requirements of the regulation on crypto-asset markets ( Markets in Crypto-Assets , MiCA).

AS TWINO Investments, using its investment firm license, is entitled from June 4, 2026, to provide the following services provided for in the MiCA regulation:

provision of crypto-asset custody and administration on behalf of clients;

exchange of crypto-assets for funds;

exchange of crypto-assets for other crypto-assets;

execution of orders related to crypto-assets on behalf of clients.

AS TWINO Investments is an investment firm licensed by Latvijas Banka, the license to provide investment services and investment ancillary services was issued on August 31, 2021.

The MiCA regulation stipulates that financial market participants who have already received a license from Latvijas Banka for the provision of financial services are entitled to receive permission to provide certain types of crypto-asset services. More information on how existing financial market participants can obtain permission to provide crypto-asset services can be found on the website of Latvijas Banka .