The European Union’s landmark crypto regulations, the Markets in Crypto-Assets Regulation (MiCA), are starting to be implemented in phases throughout the region and local businesses are responding. In Latvia, the central bank announced that it will offer pre-licensing consultations for any local crypto asset service providers (CASPs) seeking to gain a MiCA-compliant license in the country. Navigating MiCAFrom January 2025, the bank will be in charge of accepting applications and issuing licenses for CASPs in the country. In the meantime, it said it is helping to prepare companies for the proce…