Latvia OTC Trading Desk — Compliant Development
Launch an OTC trading desk in Latvia with compliance controls mapped to FKTK and MiCA. Block Intelligence builds production software; independent counsel handles licensing.
Compliance scope
Latvia · OTC Trading Desk
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 | OTC Trading Desk |
Software
Built-in compliance controls
- RFQ, quote, and block-trade workflows with approval chains
- Counterparty KYC and credit/limit management
- Settlement tracking and nostro/vostro reconciliation
- Trade blotter exports for compliance and finance
- Integration with liquidity providers and custodians
- Direct transaction monitoring for compliance
- Integration of KYC processes for all clients
- Audit trails for all trading activities
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 an OTC trading desk?
- An OTC trading desk facilitates direct trading of cryptocurrencies between parties, often for larger transactions that may not be listed on exchanges.
- What are the compliance requirements for an OTC trading desk in Latvia?
- OTC trading desks must comply with MiCA regulations, including obtaining CASP authorization and implementing KYC/AML measures.
- How does Block Intelligence support OTC trading desk compliance?
- We provide tailored software solutions that incorporate necessary compliance features and facilitate regulatory adherence.