Latvia targets tokenization rules in 2027 with commercial property in focus
Summary
Latvia is developing rules for tokenizing real-world assets, with Economics Minister Viktors Valainis expecting a framework in the first half of 2027 if work proceeds smoothly. Commercial property could be an initial use case, while tokenized government bonds are also a priority. The assessment has missed an earlier deadline and remains underway, with ministries, the central bank and industry representatives involved. Officials emphasize anti-money-laundering safeguards and say the economic benefits have not been quantified. Valainis also supports enabling crypto tax payments and establishing a small national bitcoin reserve, but neither initiative has an approved implementation plan.
