Cryptocurrency adoption in Latvia in 2022
of Latvians
own cryptocurrency
It is estimated that over 62 thousand people, 3.3% of the total Latvian population, currently own at least one form of cryptocurrency.
There has been evidence of growing cryptocurrency interest in Latvia, with online searches of “Bitcoin” and “crypto” rising steadily on Google in 2021.
According to a Small Business Economics study in 2020, Latvia is amongst the top 15 countries globally for total number of Bitcoin merchants per million users as well as bitnode intensity, suggesting high commercial Bitcoin adoption in Latvia.
