Supported the successful MiCA licensing process for AlphaRoute

The Bank of Latvia has granted AlphaRoute SIA a licence to provide crypto-asset services, who will operate under a brand name Kanga Exchange EU.

WALLESS Latvia is proud to have provided legal support throughout AlphaRoute’s successful MiCA licensing process in Latvia.

By obtaining a licence under the EU Markets in Crypto-Assets (MiCA) Regulation, AlphaRoute is now authorised to continue providing crypto-asset services in Latvia and will be able to provide services across the European Union once the relevant procedures have been completed.

Congratulations to AlphaRoute on this important milestone!

The WALLESS team advising on the licensing process included Elīna Dindendorfa, Arina Stivrina, Sigita Ratniece, Konstantīns Teļakovs, Igors Dambrāns, and Renata Kleine.