Street art nonfungible token (NFT), a physical showroom, is set to open in Riga, Latvia. The gallery is being launched by Kiwie 1001, an NFT project born from the Latvian street art collective of the same name. It has been reported that submissions are open to anyone who wishes to enter, and pieces can be submitted through the project’s Discord channel. Winning pieces will be voted on by the Kiwie 1001 community and will be presented in the Riga gallery when it opens in June.
Latvia‘s Financial and Capital Market Commission (FCMC) has identified suspect transactions and attempted fraud in the domestic cryptocurrency space. On October 19, it has been reported that the FCMC urged investors to “be particularly vigilant, as cryptocurrencies operate in an infrastructure that is currently characterized by lower regulation than in the financial and capital markets.” However, within Latvia, the issuance and circulation of cryptocurrencies are mostly unreg