Yes, you can use Bitcoin in Latvia, but direct acceptance by local merchants is limited. To spend your Bitcoin conveniently across the country, consider using Spendo.com.​

🇱🇻 Bitcoin Usage in Latvia

  • Legal Status: Bitcoin is legal in Latvia and is treated as a digital asset. Profits from cryptocurrency trading are subject to a 25.5% personal income tax .​Njord Law
  • Merchant Acceptance: While some businesses, like the national airline airBaltic, have accepted Bitcoin for ticket purchases ​, widespread acceptance among local merchants remains limited.​LSM

💳 Spend Bitcoin Anywhere in Latvia with Spendo.com

Spendo.com offers a practical solution for using Bitcoin in Latvia:​

  1. Top Up: Load your Spendo account with Bitcoin.
  2. Obtain Card: Receive a virtual or physical debit card linked to your account.
  3. Spend Freely: Use your Spendo card at any establishment that accepts Visa or Mastercard.
  4. Instant Conversion: Your Bitcoin is converted to euros (EUR) at the time of purchase, allowing seamless transactions.​

This approach enables you to use Bitcoin for everyday expenses, including shopping, dining, and travel, without relying on merchants to accept cryptocurrency directly.



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Registration Date: 13/06/2024

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