Is LBank available in Portugal?
LBank does not appear on the European Securities and Markets Authority register of authorised crypto asset service providers, and it is not authorised under the European Union Markets in Crypto Assets framework. In Portugal the framework is set by Law number 69/2025, with the Comissao do Mercado de Valores Mobiliarios (the CMVM) and Banco de Portugal as the relevant authorities, so treat LBank as not available to Portuguese residents through an authorised route.
Information, not advice. This is general information, not legal, tax, or financial advice. Verify the current rules with a qualified local professional and the official regulator before acting.
How we checked this. We set this status by reading the platform's own terms of use and country eligibility, and the public register kept by the named regulator, then dated the result. Availability can change, so confirm directly with the platform and the regulator before acting. As of 26 June 2026.
As of 26 June 2026, LBank is not authorised under the European Union Markets in Crypto Assets (MiCA) framework and does not appear on the European Securities and Markets Authority register of authorised crypto asset service providers. In Portugal the framework is set by Law number 69/2025, with the Comissao do Mercado de Valores Mobiliarios, known as the CMVM, and Banco de Portugal as the relevant authorities, and the transitional period runs to 1 July 2026. Treat LBank as not available to residents of Portugal through a MiCA authorised route and verify the current position before acting.
Availability for Portugal residents
Across the European Union, crypto platforms are now expected to operate under the Markets in Crypto Assets framework, Regulation (EU) 2023/1114, either through a national authorisation or by passporting an authorisation held in another member state. Portugal set its national framework in Law number 69/2025. Banco de Portugal handles prudential supervision and licensing requests, while the Comissao do Mercado de Valores Mobiliarios, the CMVM, supervises conduct and the market abuse obligations of crypto asset service providers.
Providers already registered with Banco de Portugal may continue until a MiCA authorisation is granted or refused, and no later than 1 July 2026 under Article 63 of the regulation. A prior Banco de Portugal registration gives no presumption of a CMVM authorisation. As of 26 June 2026, LBank does not appear on the European Securities and Markets Authority register.
Because LBank holds no MiCA authorisation that can be passported into Portugal, the authorised route is treated here as not available, and the position should be confirmed directly with the CMVM and Banco de Portugal.
Access, KYC, and products
LBank is a global crypto exchange that offers spot and derivatives trading. It is a custodial platform, which means it holds the assets in an account on the user behalf rather than giving the user the private keys, and it requires identity verification, known as know your customer, before trading.
Under the Markets in Crypto Assets framework the relevant question for a resident here is authorisation. A provider that serves this market is expected to hold a crypto asset service provider authorisation, safeguard client assets, and meet governance and disclosure standards supervised by the national regulator. Without that authorisation a platform should not be marketing services to residents, so confirm the regulatory position rather than the day to day mechanics.
How crypto is taxed in Portugal
Portugal taxes gains on crypto held by an individual for less than 365 days at a rate of 28 percent, while gains on assets held for more than 365 days are generally outside this charge, subject to exceptions, with the rules administered by the Autoridade Tributaria e Aduaneira. Income from activities such as staking can be treated differently again.
Treatment depends on personal circumstances and can change, so confirm the current position with the Autoridade Tributaria or a qualified adviser. See the Portugal crypto tax page for a fuller explanation. This is general information, not tax advice (as of 26 June 2026).
Regulator and sources
The Portugal authorities for crypto under MiCA are the Comissao do Mercado de Valores Mobiliarios, known as the CMVM, and Banco de Portugal, and tax is administered by the Autoridade Tributaria e Aduaneira. The position below is stated as of 26 June 2026 and should be confirmed on the primary sources.
- European Securities and Markets Authority, register of authorised crypto asset service providers under the Markets in Crypto Assets framework.
- Comissao do Mercado de Valores Mobiliarios (CMVM) and Banco de Portugal, guidance under Law number 69/2025.
- Markets in Crypto Assets Regulation (EU) 2023/1114, including the transitional rule in Article 63.
- LBank, published User Agreement on the countries and regions it serves.
Frequently asked questions
Is LBank available in Portugal?
As of 26 June 2026, LBank is not authorised under the EU Markets in Crypto Assets framework and does not appear on the European Securities and Markets Authority register. The transitional period runs to 1 July 2026, so treat LBank as not available through an authorised route and verify the position with the CMVM.
Does LBank hold a MiCA licence for Portugal?
No. As of 26 June 2026, LBank does not appear on the European Securities and Markets Authority register of authorised crypto asset service providers, and it is not authorised by the CMVM or Banco de Portugal.
Is it legal to own crypto in Portugal?
Yes. Holding, buying, and selling crypto is legal in Portugal and is supervised under the EU Markets in Crypto Assets framework set out in Law number 69/2025. The open question on this page is the authorisation of the LBank platform, not whether owning crypto is allowed.
Which regulator supervises crypto in Portugal?
The Comissao do Mercado de Valores Mobiliarios, the CMVM, supervises conduct and market abuse obligations, while Banco de Portugal handles prudential supervision and licensing requests under Law number 69/2025.
How is crypto taxed in Portugal?
Gains on crypto held for less than 365 days are generally taxed at 28 percent, while gains on assets held longer than 365 days are generally outside this charge, subject to exceptions. See the Portugal crypto tax page. This is general information, not tax advice.
Where can I confirm the current position?
Check the European Securities and Markets Authority register, CMVM and Banco de Portugal notices, and LBank own published updates. Those primary sources are the most current way to confirm availability before acting.
Rules change frequently. Exchange availability and authorisations can change at short notice, and Portugal completed its MiCA implementing law, Law number 69/2025, during the transition. The position on this page is dated 26 June 2026. Confirm the current status with the Comissao do Mercado de Valores Mobiliarios and the platform before you act.
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