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Second MiCA licence issued in Latvia in a single week goes to Nexdesk
Another Sorainen client, Nexdesk, has secured a licence to provide crypto-asset services under the MiCA (Markets in Crypto-Assets) Regulation. This is the third licence issued in the Baltics so far, and among the first in Northern/Eastern Europe. About Nexdesk Nexdesk is a sister company of Nexpay, an electronic money institution based in Lithuania; however, its […]
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BlockBen makes history as the first MiCA-licensed company in Latvia and one of the first in our region
Sorainen client BlockBen SIA makes history as the first company in Latvia (as well as the second in the Baltics, and among the first in Northern/Eastern Europe) to receive a licence for providing crypto-asset services under the landmark MiCA (Markets in Crypto-Assets) Regulation. About the deal BlockBen SIA belongs to a group of related companies […]
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Latvijas Banka has issued a crowdfunding service provider licence to FLOW
We are pleased to announce that on 27 August Latvijas Banka issued a crowdfunding service provider licence to FLOW. Congratulations to the FLOW team on this significant achievement! About FLOW FLOW is a new crowdfunding service provider on the Latvian market. The company is authorized to provide loan facilitation services (also known as loan-based crowdfunding) and […]
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Another first-instance ruling in favour of clients of ours in a case of allegedly criminally acquired property
We are helping a person, as well as a company registered in Panama whose activity is related to investments in financial markets, to recover financial assets totalling approximately half a million euros and financial instruments worth more than one million euros, seized as part of criminal proceedings. The clients’ funds were considered to be potentially […]
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We are representing Ecoservice during an insurance dispute
We are representing Ecoservice UAB (“Ecoservice”), a Lithuanian environmental services company and a subsidiary of AS Eco Baltia, during a dispute with Compensa Vienna Insurance Group ADB (Latvian branch) regarding an insurance claim following a fire at Ecoservice’s waste-sorting centre in Vilnius in August 2023. About the case The fire caused significant damage, and Ecoservice […]