Latvia targets tokenization rules for commercial property by first half of 2027, minister says

Economics Minister Viktors Valainis told CoinDesk he expects real-world asset tokenization rules in the first half of 2027, with commercial property a likely starting point and government bonds also under consideration. His ministry is working with the central bank, Finance Ministry and industry on a framework meant to attract investment. The work has missed a deadline: the government action plan required an assessment of legal changes by Oct. 1, but Valainis said it remains ongoing. He also hopes to promote crypto-linked products and opportunities early in 2027, speaking at the UN:BLOCK fintech conference in Riga.

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