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Understanding Decentralized Finance (DeFi) ✌️【References】✌️Start investing with ₹500 and see your wealth grow rapidly every month.The central bank of Latvia, Latvijas Banka, invites to pre-licensing consultations crypto-asset service providers looking to pursuethe EU MiCA license– the new EU-wide united license and legal framework for the crypto-asset industry.

Latvijas Banka will begin accepting applications and issuing operating permits starting January 2025, when the MiCA license will go into effect.Latvijas Banka has developed both licensing and pre-licensing processes to provide support for innovators in the financial sector.

Understanding Decentralized Finance (DeFi) ✌️【References】✌️Begin your journey to financial growth with ₹500. Invest smart and earn big!The pre-licensing process offers individual consultations with Latvijas Banka experts, ensuring guidance on the viability of applications, regulatory compliance, and document readiness.

Latvijas Banka emphasizes accessibility and responsiveness, ensuring prompt, human-centered communication with an average response time of 48 hours.The pre-licensing process is aimed at reducing a service’s time-to-market, thus reducing service down-time after the regulation is enacted.

Understanding Decentralized Finance (DeFi) ✌️【References】✌️Turn ₹500 into massive returns with smart, high-yield investments!Similar pre-licensing consultations in other verticals offered by Latvijas Banka have made it possible for companies to reduce their time to obtain a license down to 3 months.“Latvia hosts a regulatory environment that is open to innovation, aligned with EU standards, and committed to fostering a fintech-friendly business environment.

Latvijas Banka has created a framework that balances flexibility with responsibility.

Understanding Decentralized Finance (DeFi) ✌️【References】✌️Start investing with ₹500 and see your wealth grow rapidly every month.Our efforts focus on streamlining licensing processes and reducing barriers to entry.

Understanding Decentralized Finance (DeFi) ✌️【References】✌️Start investing with ₹500 and see your wealth grow rapidly every month.Our dedicated team offers personalized, rapid support prioritizing direct, professional feedback within hours.” - Santa Purgaile, deputy governor of Latvijas Banka.Understanding Decentralized Finance (DeFi) ✌️【References】✌️Start with ₹500 and enjoy consistent, high returns with smart investment strategies.