Licensing

The Czech Republic has become an attractive destination for cryptocurrency companies due to its progressive approach to digital assets and strong governmental support for this sector. In recent years, the number of such companies operating in the country has steadily grown, driven by flexible regulations and favourable conditions for startups. Under the new European Union […]

Bosnia and Herzegovina is an attractive and promising destination for those looking to engage in commercial activities within the cryptocurrency sector. Although a comprehensive legislative framework for cryptocurrencies is not yet in place, the government is paying significant attention to the issue. Drawing on the experience of neighbouring countries, they are working on developing regulations […]

In the Czech Republic, an Alternative Investment Fund (AIF) is a company organised for the purpose of attracting and collectively investing funds from private investors. Such a fund offers investors the opportunity to invest their money in various assets, including investment instruments such as stocks, bonds, derivatives, commodities (such as oil and gold), real estate, […]

Poland is an attractive jurisdiction for conducting cryptocurrency business. Since 2021, state regulation of business activities in the cryptosphere has been in force here. Notably, unlike many other countries, Poland does not issue cryptocurrency licenses in the traditional sense. Instead, it has a crypto-authorization procedure. To work with crypto assets, a company only needs to […]

The Czech Republic, with its stable economy and developed financial sector, offers attractive opportunities for securities trading. Obtaining a brokerage licence in this country can be crucial in developing your financial business. What is a Securities Dealer’s in the Czech Republic? A securities dealer in the Czech Republic is a person who has a special […]

The Republic of Estonia, a beacon of digital progress and a thriving startup hub offers a streamlined and business-friendly investment licensing system. Below, we will review the specifics of obtaining a securities dealer licence in Estonia, focusing on its opportunities and advantages. Advantages of Obtaining a Securities Dealer Licence in Estonia Access to the single […]

The Republic of Estonia, a beacon of digital progress and a thriving startup hub offers a streamlined and business-friendly investment licensing system. Below, we will review the specifics of registering an investment company and obtaining the relevant licence in Estonia, focusing on its features and advantages.   Advantages of obtaining an Investment Licence in Estonia […]

NPI is a national payment institution that can provide a full range of payment services. Unlike an SPI (small payment institution), an NPI registered in Poland can operate throughout the European Union without the need for additional licensing. Accordingly, the extension of the SPI licence to NPI allows to significantly expand the scope of activities […]

SPI or Small Payment Institution in Poland is engaged in the provision of a wide range of payment services. The law considers such activities as regulated, therefore it requires a licence from the Polish Financial Supervision Authority (KNF). The SPI licence is a convenient solution for small companies, start-ups wishing to enter the financial market, […]

Kyrgyzstan is one of the few countries where activities related to cryptocurrency assets are regulated at the state level. Since mid-2022, the country has implemented the law “On Virtual Assets”, which outlines the rules for such activities and also recognizes the right of individuals and legal entities to own cryptocurrencies and use them in accordance […]

Dubai is one of the top choices for businessmen planning to obtain a cryptocurrency licence in the UAE. In recent years, the emirate’s authorities have made significant efforts to establish themselves as a regional hub for financial technologies and to attract cryptocurrency companies from around the world. In the UAE, general cryptocurrency regulations were first […]

All activities related to cryptocurrency assets in Slovakia are regulated following European legislation. This regulation primarily focuses on compliance with anti-money laundering and anti-terrorism financing prescriptions. Any transactions involving digital financial assets, as well as transactions with fiat financial assets, must be transparent and traceable. Cryptocurrencies in Slovakia are not considered securities or financial instruments, […]

Under this decree, Thai enterprises, related to digital assets, are classified into three types: Digital asset exchanges. They serve as platforms or networks designed for digital assets trading or exchanging. The work of these exchanges is based on matching orders or facilitating agreements between parties interested in trading cryptocurrencies. Regulations, set forth by the SEC, […]

LICENSING IN SWITZERLAND Switzerland is known as a global leader in facilitating financial transactions. It actively implements reforms in the legislation, taking into account the development trends of the cryptocurrency market, and creates favourable conditions for cryptocurrency companies’ activities. Particular attention is paid to ensuring the legitimacy and transparency of the industry. Companies directly interacting […]

LICENSING IN POLAND Polish legislation is famous for its transparency and loyalty, and doing business is not restricted in Poland. Therefore, registering a company here is much easier than in other European countries. This rule applies not only to local investors but also to foreign ones. However, it is essential to consider that some activities […]

LICENSING IN LATVIA It became possible to obtain a financial license in Latvia after the 2009 EU Directive adoption. Such a document is issued by a specialized Commission and it allows working with foreign agents. The license is valid throughout the European Union, however, it is necessary to first inform the Commission and go through […]

LICENSING IN CYPRUS Yet, in order to provide financial services, a licensing procedure must be undergone. The state regulator in Cyprus is the Securities and Exchange Commission (CySEC), and licenses are issued by the Central Bank of Cyprus. All financial organizations are included in the Unified State Register.

LICENSING IN ITALY Italy has a developed economy with further growth prospects and high living standards. In addition, a convenient geographical position ensures effective interaction with other countries and the strengthening of trade ties. No wonder Italy is the “promised land” for opening a financial company for many entrepreneurs. However, one should not start doing […]

LICENSING IN GREECE Greece features a wide range of business opportunities and less stringent control among the European Union member states. In addition, even non-residents can open a company here. Yet, the precondition is that the owner has a business plan, and the funds are received legally. Businessmen planning to engage in financial activities must […]

LICENSING IN FRANCE The French economy ranks seventh in the world, and Paris is known as the largest financial center of the European Union. This country is closely integrated into the world economy and is open to foreign investors. Therefore, many companies seek to open a business in France, especially in the financial sphere. However, […]

LICENSING IN GERMANY Germany holds a leading position in technological and industrial sectors, it ranks fifth in terms of living standards. Therefore, it is a prestigious place for doing business. Among others, German businessmen focus on the service sector, especially financial ones.

LICENSING IN THE UK To conduct financial activities in the UK, you must obtain the appropriate permission. Also in the UK, financial licenses for cryptocurrency transactions are issued, although the legislative regulation of digital business is in its infancy.

EU LICENSING All companies providing financial services in the EU must obtain an appropriate license. This requirement applies primarily to the following activities: banking, insurance, provision of payment services (including e-money), cryptocurrency business (stock exchange, online currency exchangers), FinTech, etc. The European Union imposes increased requirements for licensing, with particular attention to the control of […]

Singapore was among the first jurisdictions where the regulation of cryptocurrencies was adopted at the state level. In general, this country is considered favorable for the activities of cryptocurrency exchanges and crypto start-ups. Cryptocurrency companies are regulated by the Monetary Authority of Singapore (MAS). The main documents regulating the crypto sphere in the country are […]

Estonia is one of the first jurisdictions in the European Union where public authorities began issuing appropriate licenses to cryptocurrency companies. This happened in 2017. Today, mining, ownership and storage of digital currencies, initial coin offering (ICO), purchase, exchange and sale of cryptocurrencies are allowed in this country. Estonia is considered a country friendly to […]

ADVANTAGES OF OBTAINING A VIRTUAL ASSETS LICENCE IN THE CZECH REPUBLIC Registering a crypto company in the Czech Republic provides many opportunities for conducting a successful international business. This licence entitles a company to do business throughout the European Union, making its services available almost all over the world. The Czech Republic has the advantage […]

Over the past few years Lithuania has evolved into a country with a well-developed and sophisticated financial system as well as transparent legislation. The crypto regulation in Lithuania allows to conduct reliable businesses that clients are willing to trust. One of the standards is to obtain the cryptolicence that allows a company to provide virtual […]

ADVANTAGES OF OBTAINING A LICENCE IN SINGAPORE Registering a payment system in Singapore provides many opportunities for conducting a successful international business. The company is eligible to do business both in Asia and in the European Union. Singapore licences are very popular because of the loyalty of the regulatory authorities to the business. The attractiveness […]

Over the past decade, the Czech Republic has evolved into a country with a well-developed and sophisticated financial system as well as transparent legislation. The financial regulation in the Czech Republic, which is standardized according to the EU requirements, enables to conduct reliable businesses that clients are willing to trust. One of the standards is […]

ADVANTAGES OF OBTAINING A LICENCE IN LITHUANIA Registering a payment system in Lithuania opens up many new prospects for international businesses development. This licence makes it possible to conduct business throughout the Eurozone, which means that a company has the potential to promote its services or products almost all over the world. No licence is […]

ADVANTAGES OF OBTAINING A LICENCE IN SPAIN Registering a payment system in Spain provides many opportunities for conducting a successful international business. This licence entitles a company to do business throughout the European Union, making its services available almost all over the world.  The advantages of Spain are the relatively low cost of labour and […]

The last decade has seen an ever-increasing interest in Portugal, not only in terms of tourism, but also entrepreneurship, including business in the financial sector. The country provides quite favourable conditions for setting up and registering new companies as well as obtaining the necessary financial permits. The main requirement is to fulfil the precisely defined […]

Financial market analysts consider the banking system in Canada to be one of the most robust and rapidly growing. Canada has successfully overcome all the turbulences associated with the international crisis and today its economy is one of those that meets all the basic requirements in terms of, for example, securities markets, taxation, levels of […]

ADVANTAGES OF OBTAINING A LICENCE IN ESTONIA Registering a payment system in Estonia provides many opportunities for conducting a successful international business. This licence entitles a company to do business throughout the European Union, making its services available almost all over the world.  Estonia has the advantages of relatively low labour costs, transparency of the […]