Latvia Neobank / Crypto Banking — Compliant Development
Launch a neobank / crypto banking in Latvia with compliance controls mapped to FKTK and MiCA. Block Intelligence builds production software; independent counsel handles licensing.
Compliance scope
Latvia · Neobank / Crypto Banking
Latvia supervises crypto-asset service providers under MiCA through Financial and Capital Market Commission (FKTK). Firms offering exchange, custody, advisory, or other CASP services must obtain authorization and meet prudential, governance, and AML requirements before serving clients in the EU.
| Jurisdiction | Latvia |
|---|---|
| Regulator | FKTK |
| Product | Neobank / Crypto Banking |
Software
Built-in compliance controls
- Fiat + crypto unified ledger and user onboarding
- Card issuance integration points and spend controls
- Savings, yield, and transfer modules with compliance gates
- Core banking API adapters and reconciliation
- Customer support, disputes, and regulatory reporting tooling
- KYC processes for customer onboarding
- Transaction monitoring for compliance
- Secure digital banking infrastructure
Block Intelligence provides technology development and compliance-oriented software architecture. We are not a law firm. Licensing and regulatory advice is provided by independent legal partners in each jurisdiction. Information is current as of 2026-03-01 and subject to change.
FAQ
Frequently asked questions
- What is a neobank?
- A neobank is a digital bank that operates online without traditional physical branches, often offering cryptocurrency services.
- What are the regulatory requirements for neobanks in Latvia?
- Neobanks must comply with MiCA regulations, including obtaining CASP authorization and implementing KYC/AML measures.
- How does Block Intelligence support neobank compliance?
- We provide comprehensive software solutions that integrate necessary compliance features for neobanks operating in Latvia.