Cryptocurrency license

Virtual Asset Service Provider (VASP)

It’s difficult to overestimate the potential of the cryptocurrency sphere. Now this area is developing incredibly fast and, despite the obvious problems and shortcomings, experts see digital currencies and blockchain technologies as the future of the financial system. In order to keep up with global trends, to fully use the potential of this tool and to do it legally, you need a cryptocurrency license.

enArray ( [en] => 96 [ru] => 93 [cs] => 98 )
Cryptocurrency licence in Dubai

Cryptocurrency licence in Dubai

Price from 183 000 EUR
Cryptocurrency licence in Kyrgyzstan

Cryptocurrency licence in Kyrgyzstan

Price from 25 000 EUR
Cryptocurrency licence in Lithuania

Cryptocurrency licence in Lithuania

Price from 14 000 EUR
Cryptocurrency licence in Singapore

Cryptocurrency licence in Singapore

Price from 55 000 EUR
Cryptocurrency licence in Slovakia

Cryptocurrency licence in Slovakia

Price from 34 000 EUR
Cryptocurrency licence in Thailand

Cryptocurrency licence in Thailand

Price from 85 000 EUR
Cryptocurrency license in Bosnia and Herzegovina

Cryptocurrency license in Bosnia and Herzegovina

Price from 24 500 EUR
Cryptocurrency license in Czech Republic

Cryptocurrency license in Czech Republic

Price from 34 000 EUR
Cryptocurrency license in Estonia

Cryptocurrency license in Estonia

Price from 34 000 EUR
Cryptocurrency license in Poland

Cryptocurrency license in Poland

Price from 56 400 EUR
Relicensing in the Czech Republic

Relicensing in the Czech Republic

Price from 34 000 EUR

OBTAINING A CRYPTOCURRENCY LICENSE GIVES THE OPPORTUNITY

to carry out operations with cryptocurrencies

to carry out operations with cryptocurrencies

 to exchange virtual money for fiat money and vice versa

to exchange virtual money for fiat money and vice versa

to make transfers between crypto wallets

to make transfers between crypto wallets

 to sell goods for cryptocurrency

to sell goods for cryptocurrency

to issue digital currencies

to issue digital currencies

Information about the crypto-license

Cryptocurrency license is useful for any company working with virtual currencies. There is no unified algorithm for obtaining a cryptocurrency license in different countries, so the complexity of the procedure may vary. An important step in the process of obtaining a cryptocurrency license is the choice of a suitable jurisdiction and the involvement of experienced specialized employees. Although some countries do not request this license, it is essential to guarantee the ability to exchange cryptocurrencies for fiat money and seamless cooperation with countries where a license is required.

A license for the work with cryptocurrencies is issued by the national regulator of the country in which the business is registered. At the same time, the regulator is guided by both domestic state legislation and global international rules. A cryptocurrency license gives the right to carry out activities only on the territory of the country in which it was issued. Despite the restrictions on working in only one country, there is no direct ban on accepting clients from other countries.

What is a crypto license for?

A crypto license gives the company the right to legally exchange fiat (real) money for virtual money and vice versa, exchange one type of cryptocurrency for another, make transfers between cryptocurrency wallets, store users’ digital funds, accept payments for goods in cryptocurrency, create and place tokens.

Legalization of the business allows you to protect personal data and finances of clients at the legislative level. In addition, companies that work with a license must comply with KYC and AML requirements, in connection with which they oblige their customers to undergo an identity verification procedure. All this increases the transparency of the business and boosts the trust of users. In turn, operating without a license gives the company scope for money laundering and other types of fraudulent activities.

Where to get a cryptocurrency license?

Not all countries issue licenses for cryptocurrency activities. In some jurisdictions, working with digital currencies is expressly prohibited, in some there is still no state regulation of it. You can apply for a crypto license in at least the following countries:

 

If you decide to start working in the cryptocurrency field, please contact us — COREDO specialists will help you choose the best jurisdiction for your business, draw up the necessary documents and resolve any legal issues.

TO OUR PERMANENT AND POTENTIAL CLIENTS
COREDO OFFERS

AML consulting

AML consulting

Licensing

Licensing

Business support

Business support

Registration of legal entities

Registration of legal entities

FAQ

What is a cryptocurrency (VASP/CASP) license?

A cryptocurrency license, known under the EU’s MiCA regulation as a CASP (Crypto-Asset Service Provider) authorization and often internationally referred to as a VASP (Virtual Asset Service Provider) registration, permits a company to legally provide crypto-related services such as crypto-to-fiat exchange, crypto-to-crypto exchange, custody of digital assets, and transfer services. The specific scope depends on the jurisdiction.

In which countries can COREDO help obtain a crypto license?

We assist with cryptocurrency licensing in the Czech Republic, Estonia, Lithuania, Poland, Slovakia, Singapore, UAE, Thailand, Kyrgyzstan, and Bosnia and Herzegovina. Each jurisdiction has different requirements, costs, and timelines – we help you select the most suitable option.

How much does a cryptocurrency license cost?

Licensing costs vary significantly depending on the jurisdiction, license type, and specific requirements of your business. For detailed pricing information, please visit our Crypto Licenses page or contact us for a personalized quote.

What is MiCA and how does it affect crypto licensing in the EU?

MiCA (Markets in Crypto-Assets Regulation) is the EU’s comprehensive regulatory framework for crypto-assets. It introduces harmonized licensing requirements across EU member states. Existing VASP-registered companies in the EU need to undergo relicensing to become CASP (Crypto-Asset Service Provider) authorized under MiCA. COREDO assists with both new CASP applications and relicensing.

How long does it take to obtain a crypto license?

Timelines vary depending on the jurisdiction and may change based on current regulatory practices and enforcement trends. COREDO closely monitors these developments across all markets. Contact us to receive an estimated timeline for your specific jurisdiction and license type.

What are the main requirements for obtaining a crypto license?

Common requirements include a registered legal entity in the jurisdiction, qualified management with clean background, AML/KYC policies and procedures, proof of initial capital (where required), business plan, and technical infrastructure documentation. Specific requirements vary by country.

Do I need a bank account to operate with a crypto license?

Most crypto businesses need banking relationships for fiat currency operations. Opening bank accounts for crypto companies can be challenging, but COREDO assists clients with finding suitable banking partners as part of our comprehensive service offering.

LEAVE AN APPLICATION AND GET
A CONSULTATION

    By contacting us you agree to your details being used for the purposes of processing your application in accordance with our Privacy policy.