Latvia to Introduce Tokenization Rules for Real‑World Assets by Mid‑2027, Targeting Commercial Property and Government Bonds

Latvia’s Economics Minister Viktors Valainis announced that the country aims to have regulatory rules in place for tokenizing real‑world assets by the first half of 2027. The proposed framework, developed in collaboration with the central bank, Finance Ministry and industry groups, will initially focus on commercial property and include government bonds on the priority list. A legal assessment was due on Oct. 1, 2026, and the work is ongoing. Valainis emphasized the need for robust anti‑money‑laundering safeguards and full transparency before implementation, noting that the goal is to attract international investment, business and tax revenue. The Latvian Blockchain Association is involved in testing and development, but no specific commercial partners have been named.