Portugal OTC Trading Desk — Compliant Development
Launch a otc trading desk in Portugal with compliance controls mapped to CMVM/BdP and MiCA. Block Intelligence builds production software; independent counsel handles licensing.
Compliance scope
Portugal · OTC Trading Desk
Portugal supervises crypto-asset service providers under MiCA through CMVM and Banco de Portugal (CMVM/BdP). 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 | Portugal |
|---|---|
| Regulator | CMVM/BdP |
| 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
- Integrate KYC/AML verification for all trades conducted.
- Implement secure communication channels for trade negotiations.
- Maintain detailed records of all transactions for compliance audits.
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 the buying and selling of cryptocurrencies directly between parties, often at negotiated prices.
- What compliance measures are necessary for an OTC desk?
- OTC desks must implement KYC/AML procedures and maintain transaction records to comply with regulations.
- Can I customize the OTC trading desk software?
- Yes, the software can be tailored to meet specific trading needs while ensuring compliance.