Romania OTC Trading Desk — Compliant Development
Launch an OTC trading desk in Romania with compliance controls mapped to ASF and MiCA. Block Intelligence builds production software; independent counsel handles licensing.
Compliance scope
Romania · OTC Trading Desk
Romania supervises crypto-asset service providers under MiCA through Financial Supervisory Authority (ASF). 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 | Romania |
|---|---|
| Regulator | ASF |
| 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 processes for all clients engaging in trades.
- Implement AML monitoring to detect and report suspicious transactions.
- Maintain detailed transaction records 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 direct trading of cryptocurrencies between parties, bypassing exchanges.
- What compliance measures are necessary for OTC desks?
- OTC desks must implement KYC, AML, and reporting procedures to comply with MiCA.
- How long does it take to set up an OTC trading desk?
- The setup timeline typically aligns with the CASP authorization process, around 3-6 months.