Update
Latvia to Allow Cryptocurrency Taxes in 2027
Latvia's Finance Ministry has agreed to allow residents to pay personal taxes with cryptocurrency, according to an adviser to the prime minister. The move, which could take place next year, builds on plans announced in May 2025 to enable crypto tax payments and the tokenization of other assets like real estate. The legislation, passed by the country's parliament on October 15, introduces a one-time declaration process for past tax obligations, with payments due by July 23, 2027. The proposal aims to help people who bought crypto years ago but lack records to prove what they paid.